Solargiga Energy Holdings Limited provided unaudited earnings guidance for the period ended June 30, 2018. The company informed that based on a preliminary assessment on the unaudited management accounts of the Group for the period ended 30 June 2018, it is expected that the Group will record a loss of around RMB 103.816 million for the period ended 30 June 2018 as compared to a profit for the period ended 30 June 2017, mainly a result of unexpected decline in sales volume and price caused by the newly issued photovoltaic industry policy of the Chinese government and inventory provision during the period; and increase in research and development costs.