Century Sage Scientific Holdings Limited provided earnings guidance for the year ended 31 December 2019. For the year, the group is expected to record a net loss of not less than RMB 81.2 million for the year ended 31 December 2019 as compared to a net loss of approximately RMB 38.8 million from continuing operations for the year ended 31 December 2018. The loss was mainly attributable to (i) the decrease of not less than 36% in revenue as a result of the downturn trend of the overall market environment; and (ii) significant decrease of not less than 90% in net other gains for the year ended 31 December 2019 as there was a one- off other gains of RMB 52.8 million from the disposal of interests in a subsidiary and an associated company for the year ended 31 December 2018.