Baofeng Modern International Holdings Company Limited preliminary assessment of the Group's unaudited sales guidance for the six months ended June 30, 2017. For the period, the company expects sales of the Group for the Reporting Period amounted to RMB 79.33 million, representing a decrease of approximately 16.4% when compared to the amount of approximately RMB 94.85 million for the corresponding period in 2016, which was mainly attributable to the decline in sales of original equipment manufacturer business during the reporting period.