Yi Hua Holdings Limited provided earnings guidance for the full year ended December 31, 2019. For the period, the Group is expected to record an increase in the loss ranging from approximately RMB 465 million to RMB 484 million for the year ended 31 December 2019 as compared with the loss approximately RMB 115 million for the year ended 31 December 2018. The expected loss was mainly attributable to the significant decrease in revenue from the property development business of the Group approximately RMB 96 million; the losses from disposal of subsidiaries approximately RMB 105 million, which was one-off item; and the significant increase in provision for impairment of assets approximately RMB 304 million.