China Vered Financial Holding Corporation Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2020. For the six months, the company expected to record a reduction in net loss of no less than 90% for the six months ended 30 June 2020, or may record a turnaround to profit as compared to that for the six months ended 30 June 2019. The reasons for the expected reduction in loss or turnaround to profit has been disclosed in the Announcement. The Company is in the process of finalizing the Group's interim results for the six months ended 30 June 2020. The information contained in this announcement is only based on the preliminary assessment made by the Board with reference to the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 whereas such information has not been audited, confirmed or reviewed by the auditor of the Company.