China Unicom (Hong Kong) Limited provided earnings guidance for the full year of 2016. For the period, the profit attributable to the equity shareholders of the company is expected to be down by about 94% as compared to 2015, but it showed significant improvement from the loss attributable to the equity shareholders of the company (excluding the gain on disposal of tower assets) of approximately RMB 3,363 million in the second half of 2015. The profit attributable to the equity shareholders of the company decreased in 2016 mainly because no gain on disposal of tower assets was expected in 2016, the addition of tower usage fee, higher energy charges and property rentals, etc.