Guangdong Adway Construction (Group) Holdings Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2020. The Group expects to record a loss attributable to the Shareholders not less than RMB 15 million for the six months ended 30 June 2020. The Loss was mainly attributable to (1) the continuous outbreak of COVID-19 in first half of 2020 induced the numerous shutdowns and suspensions of commercial activities in certain cities and provinces which have caused significant adverse effects on the building decoration business of the Group; (2) due to the outbreak of COVID-19 and recent economic deterioration, after reviewing the expected credit loss and considering forward-looking information, the Company made further provision in relation to certain large projects of which the settlement or payment process have been delayed.