China Shun Ke Long Holdings Limited provided earnings guidance for the year ended December 31, 2017. For the period, the board of directors of the company to inform the shareholders of the company and potential investors that, based on the preliminary assessment by the Group's management on the unaudited management accounts, the Group is expected to record a decrease of approximately 50% in the profit for the year ended December 31, 2017 as compared to the profit for the corresponding period last year. Based on information currently available, such decrease in the profit for the Year is mainly attributable to (i) the cost of approximately RMB 1,200,000 for hiring more managerial staff and the general increase in the minimum wages in Guangzhou; (ii) the professional fees incurred in relation to the mandatory unconditional cash offer for the shares of the company for approximately RMB 2,300,000 and (iii) a drop in government grants by approximately RMB 4,000,000 as compared with the corresponding period last year.