The board of directors of Huazhang Technology Holding Limited informed the shareholders and potential investors that based on the financial information currently available to the company, it is expected that the net profit attributable to the shareholders for the six months ended 31 December 2016 will record an increase of over 100% as compared to the net profit attributable to the shareholders for the same period in 2015. It is expected that the increase of the net profit attributable to the shareholders was mainly attributable to the Group was success to change from an industrial automation system equipment provider to a consolidated paper making equipment service provider, as a result, revenue from the one-stop services was increased significantly.