Songcheng Performing Arts releases first quarter performance forecast for 2020。First Quarter，Songcheng Performing Arts expects net profit to be between RMB 00,000 and RMB 9,255.between 50,000 yuan，Down 100% to 75% year-on-year。

Within one quarter，Affected by the new coronavirus epidemic，All scenic spots under Songcheng Performing Arts will suspend operations starting from January 24th，Major impact on the 188bet Online Sports Betting and Casino company’s first quarter performance，Resulting in a decline in net profit。To this，Songcheng Performing Arts complies with local 188bet app Epidemic Prevention and control policies and strengthens the protection of workers，Use the epidemic shutdown period to make quick efforts to rectify and improve various scenic spots，Fully promote the construction of new projects，Focus on promoting the comprehensive improvement of Hangzhou Songcheng Performing Arts Kingdom and the creation of major plays，At the same time，Xi’an、Shanghai project will be launched this year，Jiuzhaigou project will also resume operations，Foshan、The construction of the Xitang project is promoted as planned，Both existing and new projects are fully prepared for the recovery of the tourism market after the epidemic。

According to the needs of the new coronavirus pneumonia 188bet app Epidemic Prevention and control work，Songcheng Performing Arts' "Songcheng Eternal Love" was originally scheduled to resume on 188bet app download April 3rd、"Guilin Eternal Love"、"Zhangjiajie Eternal Love" and Hangzhou Amusement Park will postpone their opening，The specific opening time will be notified later。

Songcheng’s performance statement，During the notice period，The company has abundant cash，Reduced rigid cash payment costs，Also，During the epidemic，Relevant national ministries and commissions and governments at all levels have intensively introduced a number of support policies，The company has received partial VAT exemption、Social security exemptions and government subsidies and other support。At the same time，The overall operating condition of the reorganized digital entertainment platform Hanafang Group is good，Steady growth in various operating indicators and financial indicators。Also，The impact of non-recurring gains and losses included in the current profit and loss on the company's net profit is approximately 21 million yuan。