The Board of Jinhui Holdings Company Limited informed the shareholders of the company and potential investors that, based on a preliminary assessment of the unaudited consolidated management accounts, the company is expected to record a significant increase in consolidated net loss for the third quarter and nine months ended 30 September 2015 as compared to the corresponding quarter and period in 2014. The larger loss for the third quarter and nine-month period was primarily attributable to the combined effect of: the weak spot freight market continued to dent the group's hire and freight revenue; and the abrupt correction of global stock markets in the third quarter of 2015 caused a substantial net loss on the group's investment portfolio which comprised of listed equity and debt securities. Such net loss included both realized loss on trading transactions and unrealized fair value loss on these securities instruments and would have a negative impact to the consolidated operating results of the group for the third quarter and nine months ended 30 September 2015.