Zhejiang Shibao Company Limited reported consolidated assets impairment losses for the third quarter ended September 2019. For the quarter, the company reported assets impairment losses of RMB 581,899.85 against RMB 315,037.57 a year ago.

The company provided earnings guidance for the year 2019. The company expects net loss attributable to shareholders of the listed company of 2019 in the range of RMB 15,000.00 to RMB 10,000.00.