The board of directors of Shunfeng International Clean Energy Limited informed the shareholders and potential investors of the company that based on the preliminary assessment with reference to the unaudited consolidated management accounts of the Group, it is expected that the Group will record a loss for the year ended 31 December 2017 (‘Year 2017’), as compared to the loss of approximately RMB 2,399 million for the year ended 31 December 2016 (‘Year 2016’), it is expected that the Group will record a loss of approximately RMB 830 million for the Year 2017.