Shanghai Fudan Microelectronics Group Company Limited announced that based on a preliminary assessment of the unaudited consolidated management accounts of the Company for the year ended 31 December 2019 and the information currently available, the Company together with its subsidiaries is expected to record a loss attributable to the owners of the parent for the year ended 31 December 2019 amounted to approximately RMB 165,000,000 as compared to the profit attributable to the owners of the parent of RMB 107,482,000 last year.