Shanghai Xinmei Real Estate Co., Ltd. provided earnings guidance for the year 2016. The company will turn losses into gains in its business performance in 2016 compared with the same period of the year before, with the net profit belonging to shareholders to be between RMB 19 million and RMB 23 million and the net profit belonging to shareholders to be between RMB 15 million and RMB 18 million after excluding extraordinary profit and loss.