Chanjet Information Technology Company Limited provided consolidated earnings guidance for the six months ended 30 June 2018. The board of directors of the Company informed the Company's shareholders and potential investors that based on preliminary estimates of the unaudited consolidated management accounts of the Group, the profit attributable to owners of the parent for the six months ended 30 June 2018 is expected to increase by over 70% as compared to RMB 47.22 million of the same period of 2017. The Board considers that the big increase expected in the profit attributable to owners of the parent for the six months ended 30 June 2018 is mainly due to (i) the continuation of R&D capitalization projects newly initiated in the second quarter of 2017 as well as the decrease in R&D costs with R&D investment for new generation of cloud service products declining from its peak, optimized R&D organization and improved efficiency; (ii) increase in earnings from wealth management products of banks and interest income, and (iii) continuous improvement in the operation and management of the Group.