Shanghai Baosight Software Co.,Ltd. provided earnings guidance for the first half 2020.the Company predicts a year-on-year increase of between RMB 210 million and RMB290 million in its net profit owned by shareholders of the listed company in the 1st half of 2020, an increase of between 52% and 71% compared wit the data in the Company's semi-annual report of 2019. After adjustment, it is estimated that the net profit belonging to shareholders of the listed company in the 1st half of 2020 will increase by between RMB 220 million and RMB 300 million compared with the data in the same period of the year before, with a year-on-year increase of 56% to 76%. According to preliminary statistics of its financial department, the Company predicts a year-on-year increase of between RMB 210 million and RMB 290 million in its net profit owned by shareholders of the listed company in the 1st half of 2020, an increase of between 52% and 71% compared wit the data in the Company's semi-annual report of 2019. The Company completed the purchase of Wuhan Iron and Steel Engineering Technology Group Co. Ltd. (now known as Wisco Engineering & Technology Group Co. Ltd.) in 2019, which belongs to enterprise merger under the same control. According to the accounting standards and disclosure requirements, the comparative statements are restated and adjusted. After adjustment, it is estimated that the net profit belonging to shareholders of the listed company in the 1st half of 2020 will increase by between RMB 220 million and RMB 300 million compared with the data in the same period of the year before, with a year-on-year increase of 56% to 76%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st half of 2020 will increase by between RMB 220 million and RMB 290 million compared with the same period of the year before, with a year-on-year increase of between 57% and 75%.