Sheng Yuan Holdings Limited provided earnings guidance for the six months ended June 30, 2017. For the period, the net loss of the Group for the six months ended 30 June 2017 is expected to record an increase of over 100% as compared to the net loss of the Group of approximately HKD 52.5 million for the six months ended 30 June 2016. Such significant expected increase in net loss is primarily attributable to the impairment loss on interest in an associate, Xinhua (Daqing) Merchandise Exchange Company Limited due to the continual suspension of a material line of its business during the six months ended 30 June 2017.