Cool Link (Holdings) Limited provided earnings guidance for the full year of 2020. At the time of this annual report, the COVID-19 outbreak has occurred in the world. The ramification and impact of this is still manifesting not only in the loss of human lives but in the disruption to economic and social activities in the markets that the Group operates in. The Group expects reduced sales and lower profits in the first half year of the upcoming financial year and gradual recovery in the second half year if the COVID-19 outbreak recedes by then.