Renhe Commercial Holdings Company Limited provided earnings guidance for the six months ended June 30, 2016. For the period, the company expects to record a substantial increase in loss for the six months ended June 30, 2016 as compared to the loss recorded for the six months ended June 30, 2015. Based on the information currently available, the Board believes such expected increase in loss is primarily attributable to the loss from discontinued operation which amounted to approximately RMB 14 billion. Such loss from discontinued operation is mainly arisen from the disposal of Stone Wealth Limited.