The board of directors of Gemilang International Limited announced that Following the COVID-19 outbreak since January 2020, many countries have implemented lockdown measures to slow the spread of the disease. It is expected that the adverse impacts brought by the COVID-19 on the global economy and the Group's businesses are inevitable. Since the enforcement of the Order in March 2020, it has led to postponement of the Group's scheduled production and delivery of products, which weakened the Group's financial performance. The Board wishes to inform the Shareholders and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the five months ended 31 March 2020 and the information currently available to the Board, it is anticipated that the Group will record a decrease in net profit for the six months ending 30 April 2020 as compared to that for the corresponding period of 2019. The expected decrease in net profit is mainly attributable to the substantial decline in revenue as compared to that for the corresponding period of 2019.