Sheng Ye Capital Limited provided earnings guidance for the year ended 31 December 2019. It is expected that the Group may record a significant increase in profit for the year ended 31 December 2019 by approximately 40% as compared to that for the year ended 31 December 2018. The expected increase was primarily attributable to: (i) the expected increase in income of factoring service; and (ii) the expected increase of the gain on sales of factoring assets.