As of April 20, several A-share listed companies in Zhongshan have disclosed their preliminary earnings estimates for the first quarter, and some of them are expected to see muti-fold profits from last year.

Specifically, Senssun's expected profit is 30-35 million yuan, a growth of 573.19%-685.39% and the expected profit of Pianor is 33.3489 million-39.234 million yuan, a growth of 750%-900%.

Broad-Ocean Motor is expected to earn 123.6-135.26 million yuan, a growth of 430%-480%. According to the preliminary earnings estimate of Hoshion, the net profit attributable to its shareholders was 36.3437 million yuan, a year-on-year growth of 1661.82%.

While the pandemic affected business profits in the first quarter of 2020, resulting in a relatively low comparable base profit, companies have had sound momentum coming into this year from the second half of last year. In the first quarter, they seized market expansion opportunities and achieved good progress. After the mega-mergers of some companies, the consolidation of new businesses has also led to a substantial increase in profits.