Xinte Energy Co., Ltd. provided consolidated earnings guidance for the six months ended 30 June 2019. For the period, the company based on the preliminary assessment of the unaudited consolidated management accounts for the six months ended 30 June 2019 and the information currently available, the Group is expected to record an unaudited profit attributable to owners of the Company of between RMB 215.85 million and RMB 302.18 million for the First Half of 2019, representing a decrease of approximately 65% to 75% as compared with approximately RMB 863.38 million recorded for the corresponding period in 2018. The decrease in profit attributable to owners of the Company was mainly due to the significant fall of the sales price of polysilicon. The average sales price of polysilicon of the Company in the First Half of 2019 was approximately RMB 62,900/ton (tax exclusive), representing a drop of 43.03% as compared with RMB 110,400/ton (tax exclusive) in the corresponding period in 2018.