Chanjet Information Technology Company Limited provided group earnings guidance for the year ended 31 December 2017. The group's profit attributable to owners of the parent for the year ended 31 December 2017 is expected to exceed RMB 210 million, as compared to the net loss for the year ended 31 December 2016. The loss attributable to owners of the parent for the year ended 31 December 2016 amounted to RMB 122.61 million. The Board considers that the expected turnaround from loss to profit was principally attributable to the increase in software revenue, the investment income received from the disposal of 55.82% equity interests in Beijing Chanjet Payment Technology Co. Ltd., the significant decrease in the cost of the employee trust benefit scheme of the Company and the improvement of the operation and management of the Group. Without considering the impact of the investment income received from the disposal of 55.82% equity interests in Chanjet Payment and the costs of the employee trust benefit scheme, for the year ended 31 December 2017, the profit attributable to owners of the parent of the Group is expected to exceed RMB 90 million whereas the profit attributable to owners of the parent of the Group for the year ended 31 December 2016 was RMB 8.63 million, having excluded the costs of the employee trust benefit scheme.