Luoyang Glass Company Limited provided unaudited earnings guidance for the year ended December 31, 2016. It is expected that the company's operating results for the year 2016, as compared to the corresponding period last year, will record a turnaround to profit, and the net profit attributable to the shareholders of the company will be around RMB 11,000,000. During the reporting period, the amount of government subsidies received by the company is relatively high, the amount recorded in the company's non-recurring profits and losses in the current period is approximately RMB 100,830,000.