China Qinfa Group Limited provided consolidated earnings outlook for the year ended December 31, 2015. For the period, the group expects that the revenue may significantly decrease and the loss attributable to equity holders of the Company may be significantly higher than that for the year ended 31 December 2014. Based on the relevant information currently available to the Company, the Board considers that the decrease in revenue and corresponding increase in loss are primarily attributable to (i) the continuing downturn of coal market and substantial decline in the average selling price of coal of the Group caused by sluggish demand growth from downstream industries; and (ii) significant impairment loss on the Group's assets.