Xiwang Property Holdings Company Limited provided earnings guidance for the six month ended June 30, 2018. The board of directors of the company announced that based on the preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2018 and information currently available to the Board, the Group is expected that the Group's consolidated profit attributable to the Shareholders for the six months ended 30 June 2018 may increase approximately by more than RMB 36 million, representing an increase by more than 1,043% as compared with that for the six months ended 30 June 2017. The increase in the net profit of the Group for the six months ended 30 June 2018 is mainly due to the substantial increase in other income.