China Wan Tong Yuan (Holdings) Limited provided earring guidance for the six months ended 30 June 2019, for the six months, the group is expected to record a decrease in profit and total comprehensive income attributable to owners of the Company of approximately 41.1% for the six months ended 30 June 2019 compared with the same period in 2018. Such decrease was primarily attributable to (i) the decrease in revenue from sales of burial plots and columbarium units of approximately RMB 6.7 million primarily due to record of sales of three columbarium halls amounted to approximately RMB 4.1 million in previous year, while no such sales was recognised for the six months ended 30 June 2019 and sales of columbarium units is expected to be recognized in the second half of this year; (ii) the increase in professional fees and other expenses incurred in 2019 for the application for transfer of Listing from GEM to Main Board of approximately RMB 5.3 million; (iii) the increase in income tax expenses of approximately RMB 1.7 million mainly attributable to the decrease in deferred tax credit resulting from loss on fair value changes of financial assets at fair value through profit or loss for the six months ended 30 June 2018; and partially net off by (iv) the decrease in loss on fair value changes of financial assets at fair value through profit or loss of approximately RMB 13.4 million.