Xinming China Holdings Limited provided earnings guidance for the full year ended December 31, 2015. The board of directors of the company announced that the Group is expected to record a decrease of approximately 50% in the profits attributable to the owners of the company for the year ended December 31, 2015 as compared with the corresponding period in 2014. The expected decrease is mainly attributable to: drop in profits due to the declined revenue from sales as a result of slow down in the growth of Chinese economy; and expenses relating to the listing, including professional fees, underwriting commissions and other expenses.