Xinjiang Xuefeng Sci-Tech (Group) Co., Ltd. predicted the net profit belonging to shareholders of the listed company in the first quarter of 2020 will be about RMB -33,402,600, with a decrease of about RMB 13,503,400 compared with the same period of the year before and with a year-on-year decrease of about 67.86%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first quarter of 2020 will be about RMB -28,470,200, with a decrease of about RMB 4,167,200 compared with the same period of the year before and with a year-on-year decrease of about 17.15%.