Fortune Sun (China) Holdings Limited provided preliminary unaudited consolidated earnings guidance for the year ended 31 December 2019. For the period, the Company expects to record a significant increase in its loss attributable to owners of the Company for the Year by over 70% as compared with the corresponding period in 2018 of RMB 7,553,000. The increase in loss attributable to the owners of the Company is mainly due to the significant decrease in revenue as compared with the year ended 31 December 2018, mainly resulting from the sharp decline in demand from the primary property markets in some of the second and third tier cities in the People's Republic of China (the "PRC"). Such sharp decline in demand was mainly caused by (i) the impact of the trade war between the PRC and the United States; and (ii) the heavier restrictions implemented by the PRC government by imposing more criteria on both property developers and purchasers of properties since early 2019, which reduced the transaction volume in the real estate markets and caused delay in the launching of some of the real estate projects.