Fosun Tourism Group provided earnings guidance for the year ended December 31, 2020. For the Year 2020, the revenue of the group's tourism- related property sales and construction is expected to fall by approximately 87% mainly due to the planning of construction and delivery cycles. The loss attributable to equity holders of the group in the year 2020 is expected to be RMB 2,500 million to RMB 2,650 million which was mainly due to the operating loss of the group's resort operations.