According to preliminary statistics of its financial department, Zhejiang Huayou Cobalt Co. Ltd. predicts a decrease of between 85% and 95% compared with the same period of the year before in the net profit owned by shareholders of the listed company in 2019 and a decrease of between 87% and 97% compared with the same period of the year before in the net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss.