Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. provided earnings guidance for the first quarter of 2020. According to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company will be between RMB 230,000,000 and RMB 270,000,000 in the first quarter of 2020, with a decrease of between RMB 69,852,500 and RMB 109,852,500 and a decrease of between 20.55% and 32.32% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st quarter of 2020 will be between RMB 231,000,000 and RMB 271,000,000 with a decrease of between RMB 42,581,800 and RMB 82,581,800 and a decrease of between 13.58% and 26.34% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).