Natural Food International Holding Limited provided consolidated earnings guidance for the period ended 30 June 2020. The Group expects to record a loss attributable to owners of the Company for the period ended 30 June 2020 of approximately RMB 50 million, compared with a profit attributable to owners of the Company of RMB 105 million for the period ended 30 June 2019. The expected decrease of profit attributable to owners of the Company is primarily due to: The outbreak of the 2019 novel coronavirus (the "Covid-19 Outbreak") has resulted a significant impact on the Group's business operations since the Chinese New Year 2020; The central and local governments of the People's Republic of China have successively implemented a number of epidemic prevention measures and restrictions on consumer sites, which have severely affected the Company's business operations. In addition, as disclosed in the Company's voluntary announcements dated 13 February 2020 and 25 February 2020, the Group's production base in Hubei Province has suspended operations for a considerable period of time since the Chinese New Year 2020, which has resulted a major impact on the Group's normal production and delivery of products during the period ended 30 June 2020; The Group has adopted a number of promotion measures to actively resume the sales and expedite the inventory clearance, accordingly, gross profit margin for the period ended 30 June 2020 was decreased by approximately 8.5% compared to the period ended 30 June 2019. Compared with the same period in 2019, the Group expects a continued increase in revenue generated from online channels for the period ended 30 June, 2020. Subsequent to the Covid-19 Outbreak, the Board is of the view that the Covid-19 Outbreak may increase the consumer health consciousness and demand for natural health food products, which may provide further opportunities for the Company as a player in the natural health food industry. The Company has reasonably increased its investment in brand building to enhance the brand image and influence, it is planning to accelerate and increase the investment over online channels, in addition to vigorously cultivating natural, healthy and convenient natural food products in serving the potential consumer needs. The company's financial position is sound and has sufficient liquidity to meet future business needs.