The board of directors of Trigiant Group Limited provided consolidated earnings guidance for the year ended December 31, 2016. For the period, the company is expected to record a decrease in profit attributable to owners of the company for year 2016 of approximately 25% as compared to the profit of approximately RMB 275.3 million recorded for the year ended 31 December 2015. It is expected that such decrease in profit for year 2016 was primarily attributable to: the allowance for bad and doubtful debts made to trade receivables for year 2016 due to extension of the payment period of customers (fiscal year 2015: approximately RMB 62.7 million); and the decrease in gross profit margin due to the strategic adjustments of the selling price of its products to enhance competitiveness.