The board of directors of Pizu Group Holdings Limited informed its shareholders and potential investors that, based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2015 which have not been audited by the auditors of the Company nor reviewed by the audit committee of the Board, the Group is expected to record a consolidated profit for the six months ended 30 September 2015, as compared to a consolidated loss for the six months ended 30 September 2014. Based on the information available to the Company immediately preceding the publication of this announcement, the Board believes that the significant increase in the profit of the Group was mainly due to the completion of the Group's acquisition of the shares in Ample Ocean Holdings Limited on 28 July 2015, since when its financial results have been consolidated on common control combination basis in the accounts of the Group.