CRRC Corporation Limited provided earnings guidance for the first quarter ended march 31, 2020. For the quarter, the company estimated that the net profit attributable to shareholders of the listed company will decrease by RMB 980 million to RMB 1,150 million as compared with that for the corresponding period of the previous year, representing a year-on-year decrease of 55% to 65%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by between RMB 890 million and RMB 1,040 million compared with the same period of the year before, with a year-on-year decrease of between 60% and 70%.