Century Sage Scientific Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2020. The Group is expected to record a net loss of not less than RMB 28.9 million for the six months ended 30 June 2020 as compared to a net loss of approximately RMB 14.5 million for the six months ended 30 June 2019. The loss was mainly attributable to the decrease of not less than 55% in revenue as a result of the outbreak of Coronavirus in late 2019 which led to an overall erosion in market sentiment.