The board of directors of China Candy Holdings Limited informed the shareholders of the company and potential investors that, based on the Company's preliminary review of the latest unaudited consolidated management accounts of the Group and information currently available to the Board, it is expected that the Group will record a substantial loss for the six months ended 30 June 2017 as compared with the corresponding period in 2016. Such substantial loss was mainly attributable to (i) the decrease of the revenue of the Group; (ii) the increase of the administrative expense of the Group; and (iii) realised losses of the investment of the listed securities for the six months ended 30 June 2017.