Solartech International Holdings Limited provided group earnings guidance for the six months ended December 31, 2017. The board of directors of the company inform the shareholders of the company and potential investors that based on the preliminary review of the unaudited consolidated management accounts of the group for the six months ended 31 December 2017, it is expected to record a profit attributable to the owners of the company for the Relevant Period as compared to the loss attributable to the owners of the company for the six months ended 31 December 2016. Based on the relevant information currently available to the company, the Board considers that the expected turnaround from loss to profit attributable to the owners of the company was mainly due to the following factors: an increase in gross profit; a decrease in general and administrative expenses due to the equity-settled share-based payment expenses of approximately HKD 17,919,000 recorded in the Corresponding Period as a result of the grant of 113,380,000 share options in October 2016; a profit from the change in fair value and loss on disposal of financial assets at fair value through profit or loss recorded for the Relevant Period as compared to the loss arising from change in fair value and loss on disposal of financial assets at fair value through profit or loss of approximately HKD 20,088,000 recorded in the Corresponding Period; a decrease in the imputed interest on the promissory note; and currency exchange gain due to the appreciation of Renminbi during the Relevant Period.