The board of directors of China Sunshine Paper Holdings Company Limited inform to the shareholders of the company and potential investors that, based on the preliminary assessment of information currently available, it is expected that the consolidated profit of the Group for the year ended 31 December 2015 will record a significant increase as compared to that for the year ended 31 December 2014. The Board considers that the significant increase in the consolidated profit for the year ended 31 December 2015 was primarily attributable to (i) the Group's value-for-money products resulted in the increase in turnover, (ii) the increase in gross profit margin of paper products as a result of the decrease in raw materials and manufacturing overhead costs, and (iii) the decrease in finance costs resulted from the renewal of lower interest bearing bank borrowings.