SRE Group Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2017. For the year, the company expected to record a substantial increase in its unaudited net profit and profit attributable to the Company's shareholders for the year ended 31 December 2017 as compared to that for the year ended 31 December 2016, and the unaudited net profit for the Reporting Period is expected to be RMB 650 million to RMB 750 million. The increase was mainly attributable to gains arising from disposal of part of the Group's investments at a premium during the steady progress towards the Group's strategic positioning as a financial real estate platform. During the Reporting Period, the Group has reduced its reliance on the traditional business model of real estate development by land acquisitions and building constructions, while expanding its investment businesses and accelerating the exit from investments to realize gains, which resulted in a decrease in gross profit from traditional business model mentioned above and increase in gains from disposal of investments as compared with that of the year ended 31 December 2016.