China Success Finance Group Holdings Limited provided earnings guidance for the full year ended December 31, 2019. Based on the preliminary assessment of the unaudited management accounts of the Group for the year ended 31 December 2019 and information currently available to the Board, the Group will record a decrease in net profit and a net loss of approximately RMB 430 million for full year of 2019. The net profit of the Group for full year of 2019 is expected to decrease by approximately RMB 440 million, as compared with the year ended 31 December 2018. Such decrease of net profit was mainly attributable to: (i) the impairment loss allowance of the Group for full year of 2019 is approximately RMB 470 million, representing an increase of approximately RMB 470 million as compared with full year of 2018; (ii) investments on associated companies made by the Group for full year of 2019 recorded a net loss of approximately RMB 30 million; and (iii) although the guarantee business of the Group recorded a net income of approximately RMB 80 million, representing an increase of approximately 160% compared with full year of 2018, such increase in the relevant operating income could not offset the impact from (i) and (ii) above.