Hualing Xingma Automobile (Group) Co., Ltd. provided earnings guidance for the first quarter of 2020. According to preliminary statistics of its financial department, the Company predicts that it will suffer a loss in its business performance in the first quarter of 2020, with its net loss owned by shareholders of listed company to be between RMB 110 million and RMB 90 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss in the first quarter of 2020 will be between RMB 118.7 million and RMB 98.7 million.