The Board of China Oriented International Holdings Limited announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the five months ended 31 May 2020 and the information currently available to the Board, the Group is expected to record a decrease in net profit of no less than 90% for the six months ended 30 June 2020, and may even record a net loss as compared to that for the six months ended 30 June 2019. The reason for the expected decrease has been disclosed in the Announcement.