Smartac Group China Holdings Limited provided earnings guidance for the year ended 31 December 2018. Based on a preliminary review and analysis of the latest available unaudited consolidated management accounts of the Group for the year ended 31 December 2018, the Group is expected to record an increase of net loss for the year ended 31 December 2018, as compared to a net loss of approximately RMB 5.7 million recorded by the Group for the year ended 31 December 2017, which was mainly attributable to an impairment loss on goodwill of the E-Commerce solutions segment of the Group.