Tsinghua Tongfang Co. Ltd. provided preliminary earnings guidance for 2017. The company predicts a decrease of between RMB 3,652 million and RMB 3,952 million in the net profit belonging to shareholders of listed company in 2017, with a decrease of between 85% and 92% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations in 2016). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 345 million and RMB 645 million compared with the same period of the year before (based on the disclosed statistics according to relevant regulations in 2016).