China Success Finance Group Holdings Limited provided earnings guidance for the six months ended June 30, 2018. For the period, the group is expected to record a decrease of net profit of not more than approximately 165% for the Interim Period, as compared to the same period last year, thus to record a net loss. Such loss is mainly attributable to: the Group's paying of the interest expenses arising from the convertible bonds due in 2020 issued under the general mandate on 1 February 2018; the decrease in the Group's income from both interest penalty and financial consultancy service fees during the Interim Period as compared to the same period last year; and despite the Group had new commercial guarantee business, the relevant income should be allocated over the guarantee period under the accounting principle of income recognition, therefore, most of the income from the relevant guarantee fee currently remains to be recognized as deferred income, such that the income from the relevant guarantee fee could not significantly raise the profits of the Group for the Interim Period.