Beijing Media Corporation Limited provided earnings guidance for the six months ended June 30, 2018. For the six months, the company expects loss attributable to the shareholders for the six months ended 30 June 2018 is expected to increase, which was primarily attributable to the provision to be further made for the other receivables of Beiqing Transmedia Co. Ltd. and Beijing Trans-media Co. Ltd. ("Trans-media") and the goodwill of Beiqing CéCi Advertising (Beijing) Limited ("Beiqing CéCi") for the six months ended 30 June 2018. Loss attributable to the Shareholders for the six months ended 30 June 2018 is expected to be approximately RMB 220,000,000 (net loss attributable to the Shareholders in the corresponding period of 2017: RMB 39,513,000), representing an approximate year-on-year increase of 456.78%.