Global Digital Creations Holdings Limited provided consolidated earnings guidance for the three months ended 31 March 2020. For the period, the Group is expected to record a loss of not more than HKD 8,500,000 for the three months ended 31 March 2020 as compared to the profit of HKD 213,000 recorded in the corresponding period in 2019. The loss is mainly attributable to (1) an animated film released in mid-January this year was temporarily suspended due to the impact of the outbreak of Coronavirus Disease 2019 (the "COVID-19 outbreak"), the box office receipt of which was severely affected, and the progress of the OEM production projects were also delayed due to the COVID-19 outbreak; and (2) until a judgment is awarded, the Group still needs to maintain the normal operation of Phase I of (Pearl River Film Cultural Park*) and therefore expenses such as staff cost and office operation costs were recorded for maintaining the normal operation of the park.