Nanjing Panda Electronics Company Limited provided earnings guidance for the year ending December 31, 2019. For the period, the company estimated that the net profit attributable to shareholders of the Company will be between RMB 56,690,000 and RMB 80,980,000 representing a decrease of 50% to 65% as compared with the corresponding period of the previous year. It is estimated that the net profit attributable to shareholders of the Company after extraordinary items will be between RMB 31,400,000 and RMB 55,690,000, representing a decrease of 50% to 75% as compared with the corresponding period of the previous year.