Xinchen China Power Holdings Limited provided earnings guidance for the six months ended 30 June 2020. The Board announced the Shareholders and potential investors that based on the preliminary review by the Group's management of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020, the Board expects that the Group will record an unaudited loss before income tax of approximately RMB 80.0 million for such period, which compares to an unaudited profit before income tax of approximately RMB 39.4 million for the six months ended 30 June 2019.