Ningbo Orient Wires & Cables Co.,Ltd. provided earnings guidance for the first half of 2020. The company predicts that the net profit belonging to shareholders of the listed company in the first half of 2020 will be about RMB 365 million with an increase of about RMB 184.9 million and an increase of about 103% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 324.5 million, with an increase of RMB 146.83 million and an increase of about 83% compared with the same period of the year before. It is predicted that basic earnings per share in the 1st half of 2020 will be RMB 0.56.