Beijing Enterprises Clean Energy Group Limited provided earnings guidance for the year ended December 31, 2018. The Board announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2018, as a result of the aforementioned change of business structure, it is expected that there will be a decrease of between 25% and 35% in the Group's revenue for Year 2018 as compared to 2017. Nevertheless, it is expected that there will be an increase in the Group's gross profit for Year 2018 as compared to 2017. Besides, based on the Preliminary Review, it is expected that there will be a decrease of not less than 15% and not more than 25% in the Group's consolidated net profit attributable to equity holders of the Company for Year 2018 as compared to 2017. Based on the information currently available, the Directors consider that such decrease is primarily attributable to the increases in administrative expenses for business structure adjustment and new business projects; and finance costs attributable to the increases in average total balances of bank and other borrowings and finance lease payables during Year 2018 as compared to 2017. The Company expects, following the change of business structure, the commencement of operation of new business projects and the continuing improvement of quality of existing projects, there will be further improvement on the Group's sustainable development, which is constructive to the Group's build-up of a more solid foundation achieving its aim at becoming a leading integrated clean energy service provider.