Qinqin Foodstuffs Group (Cayman) Company Limited provided consolidated earnings guidance for the eleven months ended 30 November 2019. The board of directors of the company informed the shareholders of the company and potential investors that based on a preliminary review and assessment on the group's draft unaudited consolidated management accounts for the eleven months ended 30 November 2019 (the "Period") and the information currently available to the Board, it is expected that the group may record an increase in its consolidated net profit for the Period by approximately 1.5 times as compared to the consolidated net profit of approximately RMB 32.8 million for the year ended 31 December 2018.