The board of directors of LongiTech Smart Energy Holding Limited announced that the shareholders of the company and potential investors that, based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2017 and the preliminary assessment by the company's management, the Group is expected to record an increase in revenue of not less than 80% for the year ended 31 December 2017 as compared to the corresponding period in 2016, and an increase in profit before tax of not less than 140% as compared to the corresponding period in 2016. The estimated increases in revenue and profit before tax might be mainly attributable to the increase in revenue and profit from the smart energy and solar energy businesses, especially the home system.