China Silver Group Limited reported unaudited consolidated earnings guidance for the six months ended June 30, 2016. The Group expects to record a significant increase in its consolidated net profit for the six months ended 30 June 2016 as compared to that for the six months ended 30 June 2015 the unaudited consolidated net profit of the Group for first half 2015 amounted to RMB 13.7 million. The expected increase in consolidated net profit is mainly attributable to the surge in silver price and the profit contribution from the Group's strategically-developed new business segments. The significant increase in gross profit of the upstream smelting business due to rebound in international silver price; the continual strong growth recorded in the downstream O2O business; and the positive profit contribution from the newly acquired silver exchange business.