Xiezhong International Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2016. Net cash generated from operating activities was RMB 2,424,000 compared to RMB 36,191,000 a year ago. Adjusted net debt as on December 31, 2016 was RMB 512,368,000 against RMB 291,647,000 as at December 31, 2015.