Zhejiang Chang'an Renheng Technology Co., Ltd. provides consolidated earnings guidance for the year ended December 31, 2015. For the year, the company anticipated that the net profit of the group to record a significant decline as compared to that of the corresponding period in 2014, such decline in net profit is mainly attributable to the decrease in revenue generated from the sales of papermaking chemicals series and organic bentonite; the impairment loss of long outstanding trade receivables; the increase in operating costs such as transportation cost in the PRC; and recognition of the listing expenses and the related professional fees for continuing listing compliance.