The Board of Tai United Holdings Limited informed the shareholders and potential investors of the Company that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the fiscal year 2019 and the information currently available, it is expected that the Group may record a substantial decrease in revenue by over 99% and, without taking into account of the potential impairment loss (if any), a substantial decrease in loss by over 90% for the fiscal year 2019 as compared to fiscal year 2018.