Da Ming International Holdings Limited provided earnings guidance for the year ended 31 December 2019. The board of directors of the company announced that based on the management's preliminary assessment of the company's unaudited management accounts for the year ended 31 December 2019, the group is expected to record a significant increase in net profit for the year ended 31 December 2019 as compared with the year ended 31 December 2018. The expected increase in net profit is mainly due to the following factors: The improvement in sales quality and improvement in operating efficiency of its stainless steel processing services; its carbon steel processing services start to contribute profit to the group; and the profit contribution from Daming Heavy Industry Company Limited as a result of the improvement in operating efficiency.