BII Railway Transportation Technology Holdings Company Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the company expects revenue of the Group for the period increased by approximately 5% to 10% as compared to the revenue recorded in the corresponding period of 2019, and its operating profit increased by approximately 5% to 10%. However, the Group's profit decreased due to the huge impact of the COVID-19 epidemic on its joint venture, Beijing Metro Co. Ltd. ("Beijing Metro") in which the Group held a 49% equity interest. Therefore, the profit of the Group for the period is expected to decrease by approximately 40% to 50% as compared to the profit recorded in the corresponding period of 2019. The expectation is made mainly due the following factors: Impact of the pandemic on the main business and Impact of the pandemic on Beijing Metro.