Gudou Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2017. Based on its preliminary review of the unaudited consolidated management accounts of the group for the year ended 31 December 2017, the group is expected to record unaudited net profit of at least RMB 48.0 million for the period as compared to audited net loss of approximately RMB 46.6 million for the corresponding period in 2016. The increase in unaudited net profit is mainly attributable to the increased level of revenue from delivery of Mountain Seaview Vacation Residence, increased level of revenue from its hot spring resort operation, increased level of potential fair value gain on investment properties and decreased level of finance costs being recognised in the Period as compared to the corresponding period in 2016. The Group's ability to record a higher level of total revenue for the Period than the corresponding period in 2016 was mainly due to recognition of the sales of Mountain Seaview Vacation Residence which were delivered to its customers in the fourth quarter of 2017.