SRE Group Limited provided consolidated earnings guidance for the year ended 31 December 2018. For the period, based on preliminary review of the unaudited consolidated management accounts of the Group, the company expects to record a substantial decrease in both unaudited net profit and profit attributable to the shareholders of the Company as compared to that for the year ended 31 December 2017, among which, the unaudited net profit recorded in the reporting period is expected to be RMB 60 million to RMB 110 million. Such decrease is mainly attributable to the decrease in gains from the Group's exit from investments as a result of the regulation and control of domestic macro-economy and property industry in China during the Reporting Period. Despite the decrease in unaudited net profit and profit attributable to the shareholders of the Company mentioned above, as the Group strengthened its cost control during the Reporting Period, the Group is expected to record increase in unaudited gross profit from real estate development and decrease in unaudited administrative expenses during the Reporting Period as compared with that of the year ended 31 December 2017.