Gome Finance Technology Co., Ltd. provided unaudited consolidated earnings guidance for the year ended December 31, 2019. The company the Group expects to record a loss attributable to the owners of the Company of not less than RMB 29,000,000 for the year ended 31 December 2019 as compared with a profit of approximately RMB 1,439,000 attributable to the owners of the Company for the year ended 31 December 2018. The Board considers that the turnaround in the results for the Year as compared to the Corresponding Period is principally attributable to the following factors: the Group expects to recognize provision for impairment loss on the Group's loans and other receivables of not less than RMB 31,000,000 for the Year, which amount was at least approximately RMB 17,000,000 larger than that recognized for the Corresponding Period. In particular, as at 31 December 2019, provision for impairment of loan receivables from two customers of approximately RMB 11,000,000 was recorded in respect to loan receivables amounted to approximately RMB 64,000,000, for which the Company's management is still in the process of finalizing the provision amount; the Group expects to recognize provision for impairment loss on the Group's other intangible assets of approximately RMB 11,000,000 for the Year; and the Group expects to record an exchange loss of approximately RMB 5,000,000 for the Year due to depreciation of United States dollars against Hong Kong dollars, while an exchange gain of approximately RMB 3,816,000 was recorded in the Corresponding Period.