NBD AI Bulletin-Beijing Kaiwen Education Technology Co., Ltd. (the Company, SZ 002659, closing price: 6.8 yuan) issued a performance forcast on the evening of July 13, expecting a loss attributable to shareholders of the listed company in the first half of 2020 to be 62 million yuan to 66 million yuan, compared with a loss of 55.6976 million yuan year over year. The main reason was that due to the impact of COVID-19 epidemic during the reporting period, the development of the Company's training business was suspended, and the market demand for real estate leasing business decreased, which led to a periodic decline in the Company's operating performance compared with the same period last year.

NBD AI Review: According to the forecast of the major securities firms on the net profit of Beijing Kaiwen Education Technology Co., Ltd., the average estimated net profit of Kevin education in the first half of 2020 is 23.9983 million yuan, compared to -55.6976 million yuan for the same period last year.

According to the Company's 2019 annual report, Beijing Kaiwen Education Technology Co., Ltd. mainly engages in education, accounting for 38.4% of its revenue.

Beijing Kaiwen Education Technology Co., Ltd.'s general manager and chairman is Xu Guangyu, male, 55, Chinese national, Bachelor of Law from Peking University.

(By Cai Ding)

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