China Fortune Holdings Limited provided earnings guidance for the year ended December 31, 2016. The board of directors of China Fortune Holdings Limited informed the shareholders of the company and potential investors that it is anticipated that the annual results of the company and its subsidiaries for the year ended 31 December 2016 will record a greater loss than that for the year ended 31 December 2015 mainly due to an impairment loss recognized in respect of the Group's mining right in the year.