Zhejiang Shibao Company Limited provided earnings guidance for the nine months ended September 2019. For the period, the company expects net loss of RMB 3,000,000 to RMB 2,000,000. The overall performance of automobile industry was unsatisfactory, the company's operation faced greater pressure and the profitability of the company decreased. The new technology and new products were in the initial stages and did not contribute profit. Net loss attributable to shareholders expects to be RMB 539,500. For the quarter ended September 2019, the company expects net loss attributable to shareholders to be RMB 11,571,900 to RMB 1,571,900. It was expected to be decreased by RMB 12,033,400 to RMB 2,033,400 as compared with last year.