Huaxin Cement Co., Ltd. provided earnings guidance for the nine months of 2020. According to preliminary statistics of its financial department, the company predicts an increase of between RMB 730,000,000 and RMB 910,000,000 in its net profit owned by shareholders of the listed company in the 1st three quarters of 2020 compared with the same period of the year before (based on the disclosed statistics according to relevant regulations), with a decrease of between 15% and 20%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by between RMB 720,000,000 and RMB9 00,000,000, a year-on-year decrease about between 15% and 19%.