Zhejiang Cangnan Instrument Group Company Limited provided earnings guidance for the six months ended 30 June 2019. For the six months, the company expected to record a decrease in the net profit for the six months ended 30 June 2019 by approximately 7% to 15%, as compared to the corresponding period in 2018, which was primarily due to the following reasons: with the outstanding achievements of the coal-to-gas switching projects of the PRC in 2017, insufficient gas resources, pipeline construction and interconnection, and gas storage reservoirs had resulted in tight supply of natural gas, bringing about a continuous impact on the development of the industry, as a result, the company' s measurement business experienced a short-term decline during the reporting period; and as insight into the market and accurate grasp of the market have always been the focuses of the Company' s marketing efforts, during the reporting period, in order to further grasp the market, the company increased its investment in market services and advanced the implementation of value-added services that originally planned to provide to some customers in the second half of 2019 to the current period, which resulted in a substantial increase in sales expenses, thus bringing about an impact on the net profit.