On July 29, Piano released an express report on the first half of 2020. The report shows that in the first half of 2020, the company achieved total operating income of 514 million yuan, a year-on-year decrease of 7.35%; net profit attributable to shareholders of listed companies was 49.7917 million yuan, a year-on-year decrease of 16.16%. Regarding the reasons for the decline in performance, Piano explained that in the first half of 2020, the company's performance was generally affected by the domestic epidemic, but the company firmly maintained its mid-to-high-end strategic upgrade positioning, implemented differentiated operations, and vigorously developed bulk engineering business, and its performance gradually improved.