Red Star Macalline Group Corporation Ltd. provided earnings guidance for the year ended 31 December 2020. The company expects to record a net profit attributable to shareholders of the listed company for the year 2020 of RMB 1,711.2400 million to RMB 1,971.0600 million, representing a decrease of RMB 2,508.6217 million to RMB 2,768.4417 million from the same period of last year or a year-on-year decrease of 56.0% to 61.8%. The Company expects to record a net profit attributable to shareholders of the listed company for the year 2020 after deducting non-recurring profit or loss of RMB 1,150.0000 million to RMB 1,306.8100 million, representing a decrease of RMB 1,306.8123 million to RMB 1,463.6223 million from the same period of last year or a year-on-year decrease of 50.0% to 56.0%.