The board of directors of Lonking Holdings Ltd. informed the shareholders of the company and potential investors that based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the five months ended 31 May 2015, the Group expects to record a substantial decline in its net profit for the six months ending 30 June 2015, as compared to the corresponding period in the previous year. The expected decline in net profit is mainly due to the slowdown of growth rate of fixed asset investment in China and the decrease in demand of construction machinery as compared to the corresponding period of last year.