The board of directors of Mainland Headwear Holdings Limited announced that, based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group, and the information currently available to the Board, despite the Group's performance in the first quarter 2020 was comparable to that of last year it is anticipated that its second quarter's results will deteriorate significantly in current environment. As at the date of this announcement, the Group is unable to predict when the business environment will be back to normal and when overseas government lockdown measures will be removed, and therefore cannot quantify the actual impact of the Pandemic on the Group's interim results for the six months ending 30 June 2020 at this stage.