The board (the "Board") of directors (the "Directors") of Daohe Global Group Limited informed the shareholders (the "Shareholders") of the Company and potential investors of the Group's latest business update for the first half of 2021 under the ongoing COVID-19 pandemic (the "Pandemic"). Based on the preliminary review of the latest unaudited consolidated management accounts of the Group and the information currently available to the Board, the Group is expected to turn around from a loss of approximately $3.4 million for the six months ended 30 June 2020.