The board of directors of Chanjet Information Technology Company Limited announced that based on preliminary estimates of the unaudited consolidated management accounts of the Group, the Group expects to record an increase in revenue for more than 20% for the six months ended June 30, 2016 compared to that of the same period in 2015. The software business experienced rapid expansion with an increase in revenue of more than 20% compared to that of the same period in 2015. For the six months ended June 30, 2016, the profit attributable to the shareholders of the parent is expected to decrease by approximately 160% to 200% as compared to the profit attributable to the shareholders of the parent for the same period of 2015. The Board considers that reasons for the expected loss of the Group for the six months ended June 30, 2016 and the expected decrease of the profit attributable to the shareholders of the parent as compared to that for the same period of 2015 due to the initial grant and the second grant under the employee trust benefit scheme of the Group was completed on June 16, 2015 and March 31, 2016, respectively. Without considering the impact of the cost of the employee trust benefit scheme, the profit attributable to the shareholders of the parent for the six months ended June 30, 2016 is expected to decrease by within 30% as compared to that for 2015; and the R&D costs for continuous improvement and the operation promotion and maintenance expenses of the cloud service business continued to increase.