Sinotruk Jinan Truck Co., Ltd. provided un-audited earnings guidance for the year ended December 31, 2016. The company expected net profit attributable to the equity holders of the company for the year ended 31 December 2016 which was prepared in accordance with the PRC Accounting Standards for Business Enterprises and Relevant Regulations is expected to be approximately RMB 389,928,000 to RMB 445,632,000, representing an increase of approximately 40% to 60% compared with its published audited net profit attributable to the equity holders in the amount of approximately RMB 278,520,000 in 2015. The increase in net profit is mainly attributable to, among other matters, (i) the large demand in heavy-duty truck market resulting the significant increase in sales and (ii) solid results from cost reduction controls and improvement of operation efficiency.