China Rongzhong Financial Holdings Company Limited provided earnings guidance for the year ended March 31, 2017. The board of directors of the company announced that based on the information currently available to the board and its preliminary review of the unaudited consolidated management accounts of the Group for the financial year ended 31 March 2017, the group is expected to record a loss for the Financial Year as compared to a profit of approximately HKD 51.6 million for the previous financial year ended 31 March 2016. The board considers that the expected loss was mainly due to the increase in the provision for impairment losses on finance lease receivables of the group.