China Oriented International Holdings Limited provided earnings guidance for the six months ended 30 June 2020. The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company and potential investors that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the five months ended 31 May 2020, the Group's profit for the six months ended 30 June 2020 is anticipated to decline significantly, which may result in either a significantly lower net profit or even a net loss as comparing to that for the six months ended 30 June 2019. The Board believes the abovementioned change is primarily attributable to the significant decrease in revenue of the Group as a result of the outbreak of the COVID-19 pandemic, which had led to temporary suspension of the company's provision of driving training services and imposition of movement restriction policies by the relevant government bureaus.