Smartac Group China Holdings Limited provided earnings guidance for the six months ended June 30, 2019. The Group is expected to record a decrease of net loss for the Current Period, as compared to a net loss of approximately RMB 11.9 million recorded by the Group for the six months ended June 30, 2018. The decrease in net loss for the Current Period was mainly attributable to, in the O2O solutions segment, an increase in fair value gain of investment properties and a decrease in employee benefits expenses, which had partly offset with the decreases in revenue from O2O solutions segment and E-commerce solutions segment.