Wuxi Sunlit Science and Technology Company Limited provided earnings guidance for six months ended 30 June 2020. For the period, the company based on the preliminary assessment by the Board according to the information currently available, including the management accounts of the Group for six months ended 30 June 2020, the Group is expected to record a decline of approximately RMB 4.4 million in net profit to approximately RMB 1.1 million for the Interim Period 2020 as compared with the net profit of approximately RMB5.5 million recorded for the corresponding period in 2019. The decline of net profit is mainly attributable to the outbreak of novel coronavirus (COVID-19) pandemic since January 2020, which caused delay in delivery and testing of equipment and machinery sold to the Group's customers, and contributed to a more competitive market, which drove down the prices of the products sold by the Group.