BAIOO Family Interactive Limited provided earnings guidance for the six months ended June 30, 2015. For the period, the company expected to record a significant increase in net profit as compared to a net loss recorded for the corresponding period in 2014 under International Financial Reporting Standards ("IFRS"). Such turnaround is mainly attributable to a fair value loss of convertible redeemable preferred shares in an amount of approximately RMB 327.7 million for the six months ended 30 June 2014, which the Group will not record the same in 2015 and going forward.

The Group expects its revenue for the six months ended 30 June 2015 to decline approximately 30%-40% from the same period of 2014. Adjusted net profits (which consists of profit plus share based compensation and fair value loss of convertible redeemable preferred shares) for the six months ended 30 June 2015 to fall approximately 55%-65% from the same period of 2014.