China Green (Holdings) Limited provided earnings guidance for the six months ended October 31, 2017. For the six months, the company expected to record a significant decrease in its loss attributable to owners of the company for the six months ended 31 October 2017 as compared to the loss attributable to owners of the company of approximately RMB 269,546,000 for the corresponding period in 2016. The expected significant decrease in loss attributable to owners of the company for the current period is mainly attributable to the following factors: the respective increase of turnover of (a) fresh produce and processed products business; and (b) branded food products and others business by more than 170% and 90%; the improvement in gross profit margin as a result of the economies of scale resulting from the expansion of cultivation area in the existing farmland in Baicheng City; and gain on final settlement on the disposal of the entire equity interest in a subsidiary of the company related to beverage business operations of approximately RMB 72,000,000, details of which were disclosed in the company's announcements dated 29 February 2016, 23 March 2016, 26 March 2017 and 9 August 2017.