Xinte Energy Co., Ltd. provided earnings guidance for the year ended December 31, 2019. For the period, the company expects to record profit attributable to owners of the Company of RMB 476 million to RMB 366 million for the Year, and the profit attributable to owners of the Company in 2018 was RMB 1,107.71 million, representing a drop of approximately 57% to 67%. The decrease in profit attributable to owners of the Company was mainly due to the significant fall of the sales price of polysilicon. The average sales price of polysilicon in the Year was approximately RMB 62,000/ton (tax exclusive), representing a drop of approximately 33% as compared with approximately RMB 92,000/ton (tax exclusive) in 2018.