CIMC Enric Holdings Limited provided earnings guidance for the year ended December 31, 2016. The board of directors of the company announced that based on the preliminary review on the consolidated management accounts of the group for the year ended December 31, 2016, it is expected that the group will record a substantial loss attributable to equity shareholders of the company for the Reporting Period. The loss attributable to equity shareholders of the company for the reporting period is expected to be in the range of approximately RMB 905 million to RMB 952 million, as compared with a profit of RMB 519 million for the year ended 31 December 2015. Based on the information currently available, the expected loss attributable to equity shareholders of the company is due to the following factors: macroeconomic factors; provisions for consideration paid, loans and guarantee.