Zhejiang Huahai Pharmaceutical Co., Ltd. provided earnings guidance for the first quarter of 2020. According to preliminary statistics of its financial department, the Company predicts an increase of between RMB 61,000,000 and RMB 88,000,000 in its net profit owned by shareholders of the listed company in the 1st quarter of 2020 compared with the same period of the year before, with a year-on-year increase of between 45% and 65% (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 increase by between RMB 81,000,000 and RMB 107,000,000 compared with the same period of the year before, with a year-on-year increase of between 80% and 105% (based on the disclosed statistics according to relevant regulations).