The Huazhang Technology Holding Limited expected the unaudited net profit of the Group for the year ended 30 June 2018 may increase by at least 35% compared to that for the corresponding period of last year. The increase in the net profit of the Group was mainly attributable to: success in the acquisition of the headbox business in September 2017 which contributed additional revenue and profits to the Group; and success to diversify its business from purely manufacturers to comprehensive service providers, the businesses of project contracting service and supporting services are fast growing, as a result, revenue and profits of the Group were increased.