Kingdee International Software Group Company Limited provided earnings guidance for the year ended 31 December 2016. The group is expected to record an increase in profit attributable to equity holders of not less than 150% for the year ended 31 December 2016 as compared to that for the year ended 31 December 2015. The Board is of the view that the increase in profit attributable to equity holders is primarily resulted from the steady revenue growth of traditional ERP business and rapid revenue growth of Cloud services business; gain on the termination of contractual arrangements in respect of Qianhai Baidi and Kingdee CloudHub and disposal of the entire equity interest in Shanghai Kingdee Medical on 28 July 2016.