China Baofeng (International) Limited provided earnings guidance for the year ended 31 December 2019. For the year, the profit attributable to the owners of the Company for the year ended 31 December 2019 is expected to decrease by approximately 30% to 35% as compared with the profit attributable to the owners of the Company of approximately RMB 442.0 million for the year ended 31 December 2018. Nonetheless, it is expected that the earnings before interest and taxes, depreciation and amortisation ("EBITDA") of the Group, which is a non-HKFRS measure, for the year ended 31 December 2019, would be increased by approximately 1% to 6% as compared with the EBITDA for the year ended 31 December 2018 of approximately RMB 463.7 million.