Zhou Hei Ya International Holdings Company Limited provided earnings guidance for the six months ended June 30, 2020. Based on its preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended June 30, 2020 (the "Reporting Period") and information currently available to the Board, it is expected that the revenue for the Reporting Period would decrease by approximately 45% as compared with that of the corresponding period in 2019, and the net loss attributable to owners of the Company for the Reporting Period would range from RMB 42.0 million to RMB 50.0 million (net profit attributable to owners of the Company for the corresponding period in 2019 was RMB 224.1 million). Such decreases were primarily due to: the significant impact on the operations of the Group, particularly the Group's operations in the Hubei region, being the center of the outbreak, since January 2020 caused by the outbreak of the 2019 Novel Coronavirus (the "COVID-19 outbreak") and the subsequent disease prevention measures as well as restrictions on places with consumption activities imposed by the regional governments in China. As disclosed in the voluntary announcement of the Company dated February 11, 2020 (the "Voluntary Announcement"), the Group's operations were substantially disrupted by the COVID-19 outbreak. In order to curb the spread of the outbreak, the Group suspended its production activities in Central China and temporarily closed around 1,000 stores nationwide in compliance with the relevant guidelines and requirements for epidemic prevention and control.