Tian An China Investments Company Limited board of directors announced that, based on the preliminary assessment of the unaudited consolidated management accounts for the year ended December 31, 2017, the net profit of the Group for the year ended 31st December, 2017 will show a significant decrease as compared with that for the year ended December 31, 2016. The decrease in the net profit was primarily due to the decrease in gain from: the disposal of subsidiaries; and the acquisition of interest in the target company at discount. The reasons resulted in the aggregate decrease in gain of approximately HKD 3,800 million.