Golden Wheel Tiandi Holdings Company Limited provided consolidated earnings guidance for the year ended December 31, 2017. The group is expected that there will be a significant increase in the net profit attributable to owners of the company for the year ended 31 December 2017, which represents an increase of more than 60% as compared to the corresponding period of 2016, which had recorded RMB 265.4 million. The Board believes that such expected significant increase in the net profit attributable to owners of the Company is primarily attributable to the significant increase in the sales revenue from property development which is expected to be increased by more than 100% as compared to the corresponding period in 2016. This increase was due to the fact that the group has more projects completed and delivered during 2017.