Creative China Holdings Limited provided earnings guidance for the three months ended March 31, 2018. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the three months ended 31 March 2018 and the information currently available to the Board, the Group is expected to record a significant increase in loss for the three months ended 31 March 2018 as compared to the loss for the corresponding period in 2017. The increase in loss is mainly due to the higher content production costs recognised for the mobile live broadcasting and e-commerce business as compared to the corresponding period in 2017. The Company is still in the process of finalising its consolidated financial results for the three months ended 31 March 2018 and such consolidated financial results have not yet been reviewed by the audit committee of the Board. The information contained in this announcement is only based on the preliminary assessment made by the Board with reference to the preliminary unaudited consolidated management accounts and information currently available to the Board and may be subject to adjustment.