China Haisheng Juice Holdings Co. Ltd. announced group earnings guidance for the full year ended December 31, 2019. Based on a preliminary review of the information currently available to the Board, the Company together with its subsidiaries (the "Group") are expected to record a loss attributable to owners of the Company for the year ended 31 December 2019 of not less than RMB 100 million, compared to a profit attributable to owners of the Company for the year ended 31 December 2018 of approximately RMB 79.7 million. Such expected loss is mainly attributable to (i) the increase of selling and distribution expenses as a result of the expansion of fruit sales channels; and (ii) the decrease of sales volume compared with the previous year as a result of China-USA trade friction and the impact of increased purchase volume by the USA customers in previous year under the expectation of additional tariff.