The board of directors of Sino Splendid Holdings Limited unaudited consolidated management accounts of the Group, the group is expected to record a loss for the year ended December 31, 2017 as compared with a profit for the year ended December 31, 2016. Such loss recorded for the year ended December 31, 2017 was mainly attributable to the substantial loss on change in fair value of held-for-trading investments. The company is in the process of finalizing the results of the group for the year ended December 31, 2017.