Befar Group Co.,Ltd announced that the Company predicts a decrease of about RMB 107 million in its net profit owned by shareholders of the listed company in the first three quarters of 2020 compared with the same period of the year before and a year-on-year decrease of about 30.98%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by RMB 99 million compared with the same period of the year before, with a year-on-year decrease of about 30.25%.