Based on the preliminary information currently available to the Group, the board of directors of Sun.King Power Electronics Group Limited informed the shareholders of the company and the potential investors that the consolidated net profit of the Group is expected to record a remarkable growth for the six months ended 30 June 2016 as compared to the same period of 2015. The significant growth in net profit was mainly attributable to (i) further improvement in the gross profit margins of the Group's products; (ii) lowering its expenses through effective management and stringent control over expenses; and (iii) income generated from investments in joint ventures.