Shanghai Baosteel Packaging Co., Ltd. provided earnings guidance for the first half of 2020. The Company predicts that the net profit belonging to shareholders of the listed company in the first half of 2020 will be between RMB 75 million and RMB 85 million, with an increase of between RMB 24,645,500 and RMB 34,645,500 and an increase of between 48.94% and 68.80% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss in the 1st half of 2020 will be between RMB 79 million and RMB 91 million, with an increase of between RMB 37,152,800 and RMB 49,152,800 compared with the same period of the year before and an increase of between 88.78% and 117.46%.