China Ludao Technology Company Limited informed the shareholders of the Company and potential investors that, based on the preliminary review and assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2020 the Group is expected to record a significant increase in consolidated profit of more than 100% for the Interim Period as compared to that for the corresponding period in 2019. The Board considers that the increase in consolidated profit was mainly attributable to the increase in revenue amount due to the high demand on disinfecting products.