The board of directors of China Wood Optimization (Holding) Limited informed the shareholders of the company and potential investors that, based on a review of the Group's unaudited consolidated management accounts for the three months ended 31 March 2016, the Group is expected to record a more than 50% increase in revenue and net profit for the three months ended 31 March 2016 as compared with the corresponding period in 2015. The Board believes that the said increase is mainly attributable to, among other things, the increase in revenue of the Group as a result of the increase in orders placed by the customers.