Hao Bai International (Cayman) Limited provided earnings guidance for the nine months ended December 31, 2017. For the period, the group is expected to record a substantial decrease in net profit as compared to that of the corresponding period of 2016 if the non-recurring listing expenses as set out in the prospectus of the company dated 16 May 2017 (the "Prospectus") was excluded. Such decrease was mainly attributable to the suspension of a hotel project in Macau which was led by the industrial accident by other contractors in June 2017.