The board of directors of China XLX Fertiliser Ltd. announced that it is expected that the net profit of the Group for the year ending December 31, 2017 may increase by at least 1,100% year on year. The increase in net profit of the Group was mainly due to, the increasing environment pressures in the PRC leading to the close-down of a large number of small-scale and pollutive manufacturers and the increase in selling prices of the Group's products; the increase in the proportion of sales of high-efficient fertilizers of the Group; and the increase in the Group's ability to adjust the product mix of the Group's production line in a flexible manner according to the profitability of its products.