A8 New Media Group Limited provided earnings guidance for the year ended December 31, 2015. The board of directors of the Company based on the preliminary information currently available from the consolidated management accounts the Group is expected to record a significant increase in the profit of the Company for the year ended 31 December 2015 of not less than 100% as compared to the corresponding period of 2014, which the Group had recorded a profit amounted to approximately RMB 9.65 million. But the specific amounts are yet to be confirmed.

The significant improvement of the Group's profit was mainly due to the positive impact brought by the repayment of the First Tranche Convertible Notes of Duomi Music Holding Ltd. held by the Group which was arisen from the difference between the repayment amount of approximately USD 15,500,000 and its carrying value during the reporting Period. While the digital entertainment revenue of the Group for the Period are expected to decrease as compared to the corresponding period in 2014 which mainly due to: the traditional wireless music service shrunk continually following the transformation of the strategy of the Company; and the delay in launching several mobile games which resulted in lower than expected performance of the mobile game publishing business of the Group.