Chaoda Modern Agriculture (Holdings) Limited provided earnings guidance for the six months ended December 31, 2016. The board of directors of the company announced that based on the information currently available to the board, the group is expected to record a significant loss for the six months ended December 31, 2016 as compared to the same period ended last year and such loss is mainly attributable to (i) continuous operational loss; and (ii) recognition of impairment loss on certain assets.