Creative China Holdings Limited provided earnings guidance for the first quarter ended March 31, 2017. For the period, the group expected to record a significant increase in loss as compared to the loss corresponding period in 2016. The increase in loss is mainly due to the decrease in turnover for the three months ended March 31, 2017 as compared with the corresponding period in 2016; and the increase in content production costs and marketing expenses for the development of mobile live broadcasting business and the increase in royalty fees and marketing expenses for the development of entertainment contents on demand system business which were kicked-off in the second half of 2016.