TK Group (Holdings) Limited provided earnings guidance for the six months ending 30 June 2020. The board of directors of the Company informed that the shareholders of the company and potential investors that the Group is expected to record a significant decrease in its consolidated profit attributable to owners of the Company for the six months ending 30 June 2020 as compared to that for the six months ended 30 June 2019 in view of: the outbreak of the new coronavirus disease 2019 ("COVID-19") has severely affected the production schedules of the Group's factories in Guangdong and Jiangsu provinces which have had to extend the lunar New Year holiday to 10 February 2020. The epidemic has spread to all countries in the world, the physical stores of many consumer brands in Europe and the United States have been temporarily closed, severely damaging the global retail market and consumer confidence, and many consumer electronics brands have postponed the release of new products and the development of new projects. As an upstream supplier, the Group has been inevitably affected, and the order and sales volume of European and American customers have been negatively affected to some extent.