Daohe Global Group Limited provided earnings guidance for the six months ended 30 June 2020. For the period, the company expects to record a total comprehensive loss of not more than approximately USD 3.5 million for the Reporting Period. Such loss is mainly attributable to the reduction of revenue in trading and supply chain management services and the operation of online social platforms by approximately 50% for the Reporting Period as compared to the corresponding period in 2019, and impairment losses on right-of-use assets and property, plant and equipment of approximately USD 0.8 million due to the COVID-19 pandemic and the down turning business environment during the Reporting Period.