Future Land Development Holdings Limited board of directors announced that, based on the preliminary review of the currently available unaudited consolidated management accounts of Future Land Holdings Co., Ltd., the net profit attributable to the shareholders of Future Land Holdings and net profit attributable to the shareholders of Future Land Holdings after deducting non-recurring gains and losses for the year ended December 31, 2017 are expected to increase by 60% to 100% as compared with that for the year ended December 31, 2016. The net profit attributable to the shareholders of Future Land Holdings and the net profit attributable to shareholders of Future Land Holdings after deducting non-recurring gains and losses for the year ended December 31, 2016 were RMB 3,019,230,000 and RMB 2,545,340,000. The positive profit alert of Future Land Holdings was due to the significant increase in the settlement amount for the real estate projects of Future Land Holdings for the year ended December 31, 2017 as compared with that of the year ended December 31, 2016.