Luxking Group Holdings Limited provided earnings guidance for the financial year ending 30 June 2019. For the year, based on a preliminary review, the expected impairment of trade receivables is approximately RMB 17.4 million and will expect to have a significant impact to the Group's financial results for the Group's unaudited financial results for the financial year ending 30 June 2019. Notwithstanding that, from the cash flow perspective, the Group is able to continue its operation as usual.