China Rongzhong Financial Holdings Company Limited provided earnings guidance for the six months ended September 30, 2017. For the period, the company expects to record a loss of not less than approximately HKD 175.0 million for the reporting Period, as compared to a profit of approximately HKD 39.1 million for the same period last year. The Board considers that the expected loss was mainly due to the recognition of the provisions for impairment losses on finance lease receivables of the Group. The Board emphasized that the above mentioned provisions made are non cash in nature and do not have any impact on the cash flow of the Group.