Ningbo Ronbay New Energy Technology Co., Ltd. provided earnings guidance for the first half of 2020. The company predicts the net profit belonging to owners of the parent company in the first half of 2020 will be between RMB 40,000,000 and RMB 60,000,000, with a decrease of between RMB 54,827,100 and RMB 74,827,100 compared with the same period of the year before and with a year-on-year decrease of between 47.75% and 65.17%. The company predicts that the net profit belonging to owners of the parent company after excluding extraordinary profit and loss in the first half of 2020 will be between RMB 35,000,000 and RMB 55,000,000 with a decrease of between RMB 47,723,400 and RMB 67,723,400 compared with the same period of the year before, with a year-on-year decrease of between 46.46% and 65.93%.