The board of directors of HNA Technology Investments Holdings Limited informed shareholders of the company and potential investors that based on the information available to the Board, the results of the group for the year ended 31 December 2017 is expected to turn around to a net profit from the net loss recorded for the year ended 31 December 2016. The Board considers that such expected turnaround is primarily attributable to the improvements in the group's sales and gross profit of its smart card products operation.