Yunfeng Financial Group Limited provided group earnings guidance for the six months ended June 30, 2018. The board of directors of the company inform the shareholders of the company and potential investors that, based on the company's preliminary unaudited assessment for the six months ended 30 June 2018, the Group is expected to record a net loss attributable to equity shareholders of the company for the 2018 Interim of an amount in excess of HKD 185 million, whereas the net loss attributable to equity shareholders of the company for the six months ended 30 June 2017 was HKD 236 million. The Group's major revenue includes subscription fees and management fees for products launched by the Group, platform fees for distribution of third-parties products, administration fee for employees stock ownership plan management services, brokerage commission income and corporate advisory fee income, etc. The Group is still in the process of building its client base and scale of asset under management. The amortization expense in relation to share awards granted by the company, amounted to HKD 112 million is recorded in 2018 Interim, whereas HKD 44 million was recorded in Prior Period. Taking into account the abovementioned factors, the Group recorded a net loss in 2018 Interim. If excluding the amortization expense in relation to share awards granted by the company, the net loss attributable to equity shareholders of the company for 2018 Interim would be an estimated amount of HKD 73 million (Prior Period: HKD 192 million) representing a significant decrease of HKD 119 million or 62% compared to the Prior Period.