The board of directors of China Haisheng Juice Holdings Co. Ltd. preliminary review of the information currently available to the Board, the Company together with its subsidiaries (the "Group") is expected to record a decrease in profit attributable to owners of the Company of over 30% for the year ended 31 December 2018 as compared with that for the same period in 2017. Such expected decrease is mainly attributable to the increase in expenses incurred to expand distribution channels for the sale of apples and other fruits. The information contained in this announcement is based only on the preliminary assessment by the Board with reference to the information currently available, including the latest unaudited consolidated management accounts of the Group, and is not based on any information or figures which have been audited, confirmed or reviewed by the auditors or the audit committee of the Company. As at the date of this announcement, the unaudited consolidated results of the Group for the year ended 31 December 2018 have not yet been finalised and are subject to adjustments.