Shenghua Lande Scitech Limited provided consolidated earnings guidance for the three months ended 31 March 2020. For the period, the company expected that the net loss attributable to owners of the Company for the three months ended 31 March 2020 will increase by approximately 96.19% to approximately RMB 9,629,000 as compared with approximately RMB 4,908,000 of the same period in 2019. The expected substantial year-on-year increase in the net loss attributable to owners of the Company for the three months ended 31 March 2020 was mainly due to the impact of the "Novel Pneumonia Coronavirus" epidemic on the Group's provision of smart city solutions business, which caused the significant decline in the revenue and, hence, substantial increase in the loss of this business segment.