The Board of Directors of China Aerospace International Holdings Limited informed the shareholders of the company and potential investors that, based on the company's preliminary estimation, it is expected that the profit attributable to owners of the company for the six months ended 30 June 2017 may decrease substantially by approximately 70% as compared to the same period of 2016. The substantial decrease in profit attributable to owners of the company was mainly due to the amount of the gain in the fair value of investment properties and its relevant deferred tax significantly decreased in the first half of 2017, in comparing to the same period of 2016 when the investment properties, Shenzhen Aerospace Science & Technology Plaza, were completed. However, it will not have any negative impact on the cash flow and the operations of the company, while the major businesses of Hi-tech Manufacturing and Shenzhen Aerospace Science & Technology Plaza recorded an increment in profit and rental income respectively.