Century Sage Scientific Holdings Limited announced that based on a review of the Group's unaudited consolidated management accounts for the year ended 31 December 2018, the Group is expected to record a net loss of not less than RMB 34 million for the year ended 31 December 2018 as compared to a net loss of approximately RMB 146.1 million for the year ended 31 December 2017. The loss was mainly attributable to the decrease of not less than 39% in revenue as a result of the downturn trend of the overall market environment and the fact that some all-media projects adopting new technologies were still under development and evaluation, and the loss was partly offset by the gain from the disposal of 55% equity interest of a subsidiary of the Company as disclosed in its announcements dated 9 November 2018 and 4 December 2018.