Gome Finance Technology Co., Ltd. provided earnings guidance for the year ended December 31, 2017. The Group is expected to record a profit attributable to the owners of the company in the range of RMB 20,000,000 and RMB 25,000,000 for the year ended 31 December 2017 as compared with a loss of approximately RMB 31,528,000 attributable to the owners of the company for the nine months ended 31 December 2016. The Board considers that the turnaround in the results for the relevant year as compared to the corresponding period is principally attributable to: there is a significant improvement in the operating results in the Group's commercial factoring during the Relevant Year as compared to the Corresponding Period, mainly because of the expansion of the business scales of this segment and the increased revenue recognized by the Group during the relevant year; Due to the optimizing of the credit management by the Group, the loan quality has been substantially improved during the Relevant Year, and the Group can be able to make reversal of certain amount of the impairment loss on the Group's trade and loan receivables previously recognized by the Group; the disposal of the listed securities of the Group resulted in a loss being recorded by the Group for the Corresponding Period. During the relevant year, no such loss was recognized by the Group; and the Group recognized provision for impairment loss on the Group's intangible assets and goodwill for the Corresponding Period.