China First Capital Group Limited provided preliminary earnings guidance for the six months ended June 30, 2019. For the six months, the company is expected to record a loss before tax of an estimated amount between RMB 170 million and RMB 250 million for the six months ended June 30, 2019 as compared to a profit before tax for the corresponding period in 2018. Such loss is mainly attributable to unrealised (non-cash) loss arising from the adverse fair value change of the financial assets at fair value through profit or loss; and exchange loss due to depreciation of RMB during the period. Such loss is mainly attributable to: the loss recorded in the share of results of joint ventures, which was mainly caused by the unrealised (non-cash) loss arising from the adverse fair value change of the financial assets measured at fair value through profit and loss held by the joint ventures; and the decrease in the sales and gross profit of automotive parts business of the Group.