Huajin International Holdings Limited announced that based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2020, the estimated consolidated loss attributable to the owners of the Company shall be approximately RMB 16 million as opposed to a consolidated profit of approximately RMB 10.5 million recognized for the corresponding period in last year. Such decrease in the Group's results was primarily attributable to, among others, the decline in gross profit as a result of the drop in revenue partially affected by the COVID-19 pandemic.