Beijing Gas Blue Sky Holdings Limited board of directors of the Company is expected to record a substantial increase in net profit for the Year 2016 as compared to the net profit for the year ended 31 December 2015. Such increase was mainly attributable to (i) the increase in gas sales volume, total revenue and gross profit from the natural gas business of the Group and (ii) the gain recognized on deemed disposal of equity interest in subsidiaries during the Year 2016.