Tianli Holdings Group Limited provided earnings guidance for the year ending December 31, 2017. Based on the preliminary review by the Board of the Group's unaudited consolidated management accounts for the eleven months ended 30 November 2017 and current information available to the Board, it is expected that the Group would record a turnaround in profit for the year ending 31 December 2017, as compared to the loss recorded for the year ending 31 December 2016. Based on the information currently available to the Company, the Board believes that the turnaround in profit of the Group's results for the year of 2017 was primarily attributable to the profits recorded by both of its MLCC (multi-layer ceramic chips) business and investment and financial services business and, in particular, the better than expected improvement of MLCC segment over the period from October to November 2017.