AAG Energy Holdings Limited provided earnings guidance for the year ended December 31, 2015. The board of directors of the company announced that based on the latest assessment of the unaudited management accounts of the group, it is expected that the group will report more loss for the year ended December 31, 2015. This result is due principally to: (1) the non-cash deferred income tax expenses related to the Value Added Tax refund; and (2) the non-cash share-based compensation expense related to the Pre-IPO Shares Option Scheme.

Based on the factors set out in the first profit warning and this profit warning announcement, it is currently expected that the company will report a net loss within a range of RMB 53 million to RMB 65 million largely due to non-cash expenses or non-operations-related expenses.