The board of directors of the Q Technology (Group) Company Limited announced that, based on the information currently available to the Company and the preliminary review by the Board on the unaudited management accounts of the Group for the year ended 31 December 2017, it is expected that the consolidated profit attributable to the Shareholders for the year ended 31 December 2017 may increase by more than 100% as compared with that for the year ended 31 December 2016. The Board believes that the expected increase is mainly due to the following factors: (i) although the total sales volume of camera modules declined on a year-on-year basis due to intense market competition, the average selling price of camera modules recorded a steady year-on-year increase attributable to the significant enhancement of product portfolio, which resulted in a steady year-on-year increase in the overall sales revenue of camera modules; (ii) gross profit margin of camera module segment improved on a year-on-year basis due to the enhancement of product mix which pushed up the added value of camera module products; and (iii) although the average selling price of fingerprint modules recorded a significant year-on-year decline, the sales volume of fingerprint recognition modules recorded a significant year-on-year increase, which resulted in a steady year-on-year increase in the overall sales revenue of fingerprint recognition modules. In the meantime, the Board is also aware that the market competition remains intense. There is work to be done to improve the Group's utilisation of production capacity, the rate of automated production and the introduction of new products and new technologies. The application of new technologies will take time and effort to be reflected in the Group's results. These factors may have an impact on the operational results of the Company. The Company will continue to promote its core strategy on intelligent vision products and strive to create greater investment value for the Shareholders.