Changan Minsheng APLL Logistics Co., Ltd. provided earnings guidance for the year ended December 31, 2016. The board of directors of the company informed the shareholders of the company and potential investors that the Board estimates that the unaudited profit attributable to equity holders of the Company for the year ended December 31, 2016 is expected to decrease significantly by approximately 50% to 60% when compared to the same period of last year. Such decrease was mainly attributable to the decreases in logistics service prices and the continuing increases in the costs of provision of the automobile logistics services and the relevant services to the Group's customers.