Yue Da Mining Holdings Limited announced that based on the information currently available to the Board and a preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017, the loss attributable to owners of the Company is expected to be approximately RMB 76,047,000 and to increase by more than 204.7% as compared with the corresponding period in 2016. The increase in loss was led by the above impairment losses on assets. If such impairment losses on assets were excluded, the loss attributable to owners of the company should have been narrowed largely from the last corresponding period, attributable to factors including increase in prices of products.