Jinmao (China) Hotel Investments and Management Limited provided earnings guidance for the six months ended June 30, 2020. For the period, the hotel properties of the Group were greatly impacted by the travel restrictions, social distancing measures and governmental actions in response to the Pandemic, resulting in a significant decrease in the unaudited consolidated revenue and EBITDA of the Group of approximately 50% and 70%, respectively, as compared to the same period of last year.