Yantai Longyuan Power Technology Co.,Ltd. provided earnings guidance for the nine months ended September 30, 2015. For the period, the company's preliminary estimate, the net loss attributable to the equity shareholders of the company for the nine months ended September 30, 2015 is estimated to be approximately RMB 51,000,000 to RMB 56,000,000, representing an estimated decrease of approximately 170% to 176% as compared to its published unaudited net profit attributable to the equity shareholders in the amount of RMB 73,223,500 for the corresponding period in 2014. The net loss was mainly due to, among others, market condition and changes in the operating revenue structure of Longyuan Technology, which resulted in significant decreases in operating revenue and gross profit margin of its products as compared to the corresponding period in 2014, and further caused a decrease in Longyuan Technology's operating profit.

Additionally, the net profit attributable to the parent is estimated to be changed by approximately RMB 3.85 million due to the change in the non-recurring profit and loss of Longyuan Technology.