As of February 22, nearly half of Zhongshan A-share sector listed companies have disclosed their estimated performances for 2020.

Hoshion, Transtek Medical and Tongyu Communication were expected to double their profits. Among them, Hoshion disclosed that the net profit for shareholders of listed companies in 2020 was between 58 million yuan and 82.94 million yuan, which would be a 458.06% to 698.02% increase over the same period in 2019.

Profits of Ming Yang Smart Energy and Zhongshan Public Utilities Group were both expected to increase by more than 30%. Ming Yang Smart Energy has developed rapidly since its IPO. In 2020, the company's net profit for shareholders of listed companies was estimated from 1.18 billion to 1.38 billion yuan, which increased by 467 million to 667 million yuan or 65.60% to 93.67%.

Profits of Topstrong, MLS, Ellington Electronics and Homa Appliances were expected to decrease. Affected by the epidemic, Ellington Electronics's orders in the first half of 2020 had decreased. It was estimated that the net profit for shareholders of listed companies in 2020 was 192 million to 243 million yuan, a decrease of 53% to 63% over the same period in 2019.