Kingswood Enterprise Co., Ltd. provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the Company predicts that it will suffer a loss in its net profit belonging to shareholders of the listed company in 2018 compared with the same period of the year before, with the net loss belonging to shareholders of the listed company to be between RMB 700 million and RMB 900 million. The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 750 million and RMB 950 million.