The board of directors of Nanjing Sample Technology Company Limited informed the shareholders of the Company and potential investors that, based on the preliminary assessment by the Group's management of the latest available unaudited consolidated management accounts of the Group for the six months ended 30 June 2020, the Group is expected to record a decrease in net profit for the six months ended 30 June 2020 by approximately 80%-90% as compared with the corresponding period in 2019. Such decrease was primarily attributable to, among other factors, the following reasons: the delay in resumption of some projects resulted by the cities lockdown and quarantine for inbound persons as influenced by the novel coronavirus (COVID-19) epidemic; and the decrease in revenue of system integration and intelligent terminal sales for the six months ended 30 June 2020 due to decrease in projects successfully bidded.