On April 10, Xinjin just disclosed the first quarter of 2020 performance forecast, and it is expected that the net profit attributable to shareholders of listed companies will be 16.154 million yuan to 16.17 million yuan, an increase of 29704.43% -29733.95% year-on-year. The reasons for the change in performance are as follows:
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1. The company completed the acquisition of 100% equity of Guangdong Kuanpu Technology Co., Ltd. ("Kuanpu Technology") in September 2019. During the reporting period, Kuanpu Technology was included in the scope of the consolidated statement, which resulted in a year-on-year increase in the company's consolidated revenue Also rose sharply.
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2. The amount of non-recurring gains and losses on the company's net profit during the reporting period is expected to be about RMB 1,298,200, compared with RMB 19.568 million in the same period last year.
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