Shuanghua Holdings Limited provided earnings guidance for the year ended December 31, 2020. For the year, the company expects that it will record a significant increase in revenue by approximately 123.1% for the year ended 31 December 2020, as compared to the revenue of approximately RMB 28.6 million for the year ended 31 December 2019; and it is expected that the Group will record a significant decrease in net loss after tax by approximately 77.5% for the year ended 31 December 2020, as compared to the net loss after tax of approximately RMB 31.5 million for the year ended 31 December 2019.