China Uptown Group Company Limited provided earnings guidance for the six months ended June 30, 2019. The board of directors of the company announced that based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2019, it is expected that the Group would have a significant growth in the revenue and improvement of results for the six months ended 30 June 2019 as compared to the same corresponding period in 2018. The expected growth of the revenue and improvements of results of the Group were mainly attributable to the recognition of the sales of Phase III of the Group's property project located in Maoming, the People's Republic of China in the first half of 2019. Based on the Preliminary Review, the Group is expected to record a revenue of not less than RMB 500 million (2018: RMB 23 million) and a profit for the six months ended June 30, 2019.