China XD Plastics Company Limited not providing earnings guidance for the full year of 2020. As a result of the outbreak of COVID-19 in the PRC, China Auto Industry production and sales drastically decreased by 6.7% and 6.9% for the first nine months of 2020, according to the China Association of Automobile Manufacturers. It has a ripple effect and impact throughout China auto supply chain, including the Company. Due to the fact that the Company had temporarily closed some of its manufacturing facilities and offices in the PRC in accordance with the requirement of the PRC government, the ongoing COVID-19 pandemic has an ongoing material adverse effect on business operations. In light of these circumstances and continuing uncertainties, the Company will not be able to forecast its financial guidance for fiscal 2020 until further notice.