Sinopec Shanghai Petrochemical Company Limited provided Group earnings guidance for the year ended December 31, 2020. The Group expects that the net profit attributable to the equity shareholders of the Company in 2020 will decrease by around RMB 1.521 billion to RMB 1.647 billion as compared with the same period of the previous year (statutory disclosure data), representing a year-on-year decrease of 69% to 74%. The Group estimates that the net profit attributable to the equity shareholders of the Company after deducting non-recurring items will decrease by around RMB 1.533 billion to RMB 1.631 billion as compared with the corresponding period of the previous year (statutory disclosure data), representing a year-on-year decrease of 74% to 79%.