Silk Road Logistics Holdings Limited provided preliminary group earnings guidance for the year ended December 31, 2020. For the year, the Group is expected to record an operating loss of not less than HKD 70 million for the year ended 31 December 2020. The loss is mainly caused by the substantial decrease in commodities trading segment, leading by the serious impact by the COVID-19 pandemic during the year in PRC. The expected operating loss has not taken into account of any impairment, which the Company is still in the course of finalizing the same with the auditors. Further announcement may be made by the Company in case there is substantial amount of impairment to be recorded by the Company.