Wuxi Sunlit Science and Technology Company Limited provided earnings guidance for the six months ended June 30, 2015. The board of directors of the company announced the shareholders of the company and potential investors that based on the preliminary assessment by the board, the Group is expected to record a loss for the six months ended June 30, 2015 as compared with the net profit recorded for the corresponding period in 2014. These losses are mainly attributable to a more intense competition in the industry; a decrease in turnover; and the allowance for impairment of trade receivables as at June 30, 2015 made by the board.