Chanhigh Holdings Limited provided the earnings guidance for the year ending December 31, 2018. For the period, the company expected the consolidated net profit of the group will record a significant decrease as compared with the consolidated net profit of the group for the year ended 31 December 2017 of approximately RMB 80.3 million. Such expected decrease in the consolidated net profit of the group for the reporting period was mainly due to decrease in revenue as a result of delay in the progress of certain construction projects, decrease in number of projects and changes in government policy towards the infrastructure construction market.