CNNC International Limited provided group impairment charges guidance for the year ended 31 December 2020. The Group is expected to incur impairment charge to its inventory of not less than HKD 9 million for the year ended 31 December 2020 (Amount of inventory impairment in 2019: Nil). Inventory impairment is calculated as the difference between the carrying amount and recoverable amount (that is net realisable value), and is entered as an expense in the profit & loss account.