China Putian Food Holding Limited provided group earnings guidance for the six months ended June 30, 2015. The board of directors of the company announced that based on the information currently available, the group is expected to record a decline of profit of around 70% for the six months ended June 30, 2015 compared with the profit for the corresponding period last year. Such decline was mainly due to additional expenses incurred by the Group, which are as follows: (i) interest expenses of the convertible bonds of approximately RMB 16,000,000; and (ii) expenses of approximately RMB 15,000,000, covering costs arising from, among the others, grant of options to certain directors and employees of the Company on March 31, 2015 and start-up of the new companies in Beijing and Xuanhua.