Yangzhou Guangling District Taihe Rural Micro-finance Company Limited provided earnings guidance for the six months ended June 30, 2020. For the period, the company based on the information currently available to management of the Company and a preliminary review and assessment of the Company's latest unaudited management accounts for the six months ended 30 June 2020, the expected unaudited profit after tax of the Company for the six months ended 30 June 2020 is approximately between RMB 12.3 million and RMB 15.7 million, representing a decrease of at least 40% as compared to the profit after tax of approximately RMB30.4 million for the corresponding period in 2019. The primary reasons for the decrease are lower interest income and higher provisions for loan impairment losses for the Company's lending business during the on-going COVID-19 situation and market conditions.