Sany Heavy Equipment International Holdings Company Limited provided earnings guidance for the full year ended December 31, 2017. For the period, the company expects that the group will record a net profit as compared to the net loss of last year. Such expectation was primarily attributable to the following reasons: the income from sales of coal mining machinery products and marine machinery products of the Group for the year ended December 31, 2017 increased because, the coal mining industry recovered during the year of 2017 due to in-depth national supply reform, and accordingly coal prices increased, which in turn stimulated the demand for coal mining machinery, (b) the Group timely seized the opportunity of the emerging global container shipping industry and actively expanded its international market share for port marine machinery, and (c) the Group has been attaching importance to the research and development and promotion of new products, such as mining transport equipment and heavy duty forklift truck to tailor for the market trend, the profit margin of the coal mining machinery products increased due to the enhanced manufacturing efficiency because the Group has optimized the manufacturing management and capacity monitoring and timely adjusted procurement of raw materials, which facilitated to increase the utilization rate of the Group's manufacturing resources and reduce the manufacturing costs and the management fees decreased as a result of further enhanced internal control, including the costs controls.