Huifu Payment Limited provided consolidated earnings guidance for the full year ended December 31, 2018. The board of directors of the company hereby informs the shareholders of the company and potential investors that, based on preliminary assessment by the Board according to the Group's unaudited consolidated management accounts for the year ended 31 December 2018 and the information currently available to the Board, the Group's net profit for the year ended 31 December 2018 is expected to increase by more than 50% as compared to that of the corresponding period in 2017, without taking into account the equity-settled share option expense and the one-off listing expenses of the company. The expected increase in net profit was mainly attributable to the strong growth in payment volume of the Group. The payment volume for the year ended 31 December 2018 amounted to over RMB 1,800 billion, representing an increase by more than 50% as compared to that of the corresponding period in 2017.