China Hi-Tech Group Co., Ltd. announced that according to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will decrease by between RMB 450 million and RMB 530 million with a decrease of between 80% and 94% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 97.3 million and RMB 124.8 million with an increase of between 74% and 94% compared with the same period of the year before.