Great Wall Animation's net profit loss of 37 million yuan to 47 million yuan in the first half of 2020
On July 14, Great Wall International Animation and Game Co., Ltd. (hereinafter referred to as Great Wall Animation) released the 2020 semi-annual performance forecast. It is estimated that the net profit loss attributable to the shareholders of the listed company will be 37 million to 47 million yuan, and the loss per share is 0.1132 yuan. To 0.1438 yuan. In the notice, Great Wall Animation stated that the performance changes were due to the large loss of staff at its subsidiary Beijing Xinyu and Shanghai Tianrui, and the business was severely shrinking. The year-on-year revenue decline was about 100% and 75.92% respectively. At the same time, the net profit of Chuzhou Creative Park fell by about 70.75% year-on-year. . Previously, on June 23, Great Wall Animation released its 2019 annual report. During the reporting period, the company achieved operating income of 40.06 million yuan, a year-on-year decrease of 46.55%. The net profit loss attributable to shareholders of the listed company was 408 million yuan. Zhongtianyun Certified Public Accountants (special general partnership) issued an audit report that could not express an opinion on the company. Such a result has long been expected by the market. In April, Great Wall Animation announced that it would postpone the disclosure date of the 2019 annual report from April 30 to June 24. Subsequently, the company received a letter of concern from the Corporate Management Department of the Shenzhen Stock Exchange on the same day. In 2018, the company achieved total operating income of 74.9491 million yuan, a year-on-year decrease of 74.24%; net profit loss attributable to shareholders of listed companies was 450 million yuan, a year-on-year decrease of 451%. After two consecutive losses, Great Wall Animation also unexpectedly started the ST road. According to the announcement, the company's shares will be suspended for one day from the opening of the market on June 24, and trading will resume from the opening of the market on June 29. From June 29, Great Wall Animation stocks will be subject to a delisting risk warning. The stock abbreviation will be changed from Great Wall Animation to *ST Long Motion. After the delisting risk warning is implemented, the daily price limit for stock trading is limited to 5%.