China Partytime Culture Holdings Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the Group is expected to record (i) a significant decrease in revenue of not less than 25% for the six months ended 30 June 2020 as compared with the revenue of approximately RMB 164.1 million of the corresponding period in 2019. The Board considers that the expected decrease in revenue and the loss before income tax expected to be incurred by the Group during the first half of 2020 are primarily attributable to the outbreak of the coronavirus disease globally since early 2020.