Shanghai Dasheng Agriculture Finance Technology Co., Ltd. Provided earnings guidance for the six months ended June 30, 2018. For the period, the group is expected to record a significant net loss for the six months ended 30 June 2018 as compared to the net profit recorded by the group for the corresponding period in 2017. Based on the information currently available, the estimated significant loss for the six months ended 30 June 2018 is mainly attributable to the following factors: the gross profit will record a decline of approximately 50% to 60% for the six months ended 30 June 2018 as compared to the six months ended 30 June 2017, which was due to a decline of approximately 70% to 80% in revenue primarily due to the reduction of revenue in the sale of petrochemical and agricultural products and financial leasing and commercial factoring of the group for the six months ended 30 June 2018 as compared to the same period of the previous year; the provision of impairment on trade and other receivables of approximately RMB 1.0 billion to RMB 1.1 billion; and the finance costs will record an increase of approximately 110% to 115% as compared to the six months ended 30 June 2017.