China Gas Holdings Limited informed the shareholders of the company and potential investors that, based on the preliminary review of the consolidated management accounts of the Group for the six months ended 30 September 2017, the consolidated net profit attributable to the owners of the company for the six months ended 30 September 2017 is expected to increase by more than 90% when compared with that for the six months ended 30 September 2016. Such expected increase was mainly attributable to the outstanding financial and operation performance recorded by the Group in its natural gas sales, users connection and value-added business. In particular, the Group is benefited from natural gas utilization policies, including coal-to-gas conversion for industrial and commercial users in the PRC and the township replacement of coal with gas in North China, as well as the business growth brought by the Group's investments in relevant projects and its effective implementation of operational and management measures. This positive profit alert announcement is only based on the company's preliminary review of the consolidated financial statements of the Group, which are subject to finalization.