China Chuanglian Education Financial Group Limited provided earnings guidance for the six months ended June 30, 2017. The board of directors of the company announced that based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2017, it is anticipated that the group would record a significant decrease in loss attributable to owners of the company for the six months ended 30 June 2017 as compared to the loss of approximately RMB 37,206,000 for the corresponding period in 2016. The aforesaid significant decrease in loss was mainly attributable to: a significant increase in the revenue from the educational consultancy and online training and education business; a significant decrease in unrealised loss on fair value changes of held for trading investments; and a gain arising from the disposal of the other media business which was completed in June 2017. This disposal is in line with the recent business strategy of the group.