Xiezhong International Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the period, the group recorded revenue of RMB 441.4 million for the six months ended 30 June 2017, representing an increase of 19.4% as compared to the revenue of RMB 369.8 million for the six months ended 30 June 2016. Such increase in revenue was mainly due to the large increase in revenue from HVAC systems for Sedans, heavy trucks and light trucks compared against that in the previous corresponding period. Loss attributable to equity shareholders of the company was RMB 33.8 million for the six months ended 30 June 2017 as compared to the profit of RMB 15.4 million for the six months ended 30 June 2016. Loss from operations was RMB 25.293 million against profit from operations of RMB 28.631 million a year ago. Loss before taxation was RMB 40.508 million against profit before taxation of RMB 21.126 million a year ago. Loss per basic and diluted share was RMB 0.042 against earnings per basic and diluted share of RMB 0.019 a year ago. Net cash generated from operating activities was RMB 75.219 million against net cash used in operating activities of RMB 5.539 million a year ago. Payment for purchase of property, plant and equipment and intangible assets was RMB 58.460 million against RMB 79.824 million a year ago.