The board of directors of Zheng Li Holdings Limited announced unaudited consolidated management accounts of the Group, the Group is expected to record a loss for the year ended December 31, 2017. This was mainly attributable to a decrease in revenue as a result of the lower number of passenger cars from both maintenance and repair services and modification, tuning and grooming services, trading of spare parts and accessories mainly due to the disruptions caused by the relocation of operations in the third quarter of 2016 and the setting up of the operation Sin Ming Autocity service centre in the second half of 2017 an increase in employee-related expenses including directors' fee as a result of the appointment of two executive Directors in 2017.