Chongqing Machinery & Electric Co., Ltd. provided earnings guidance for the year ended 31 December 2018. the company expects operating income for the year ended 31 December 2018 is expected to significantly decrease (for details, please refer to the announcement of the Company dated 18 January 2018 in relation to the business adjustment of Chongqing Shengpu Materials Co., Ltd.), the Company expects that the profit attributable to the owners of the Company for the year ended 31 December 2018 will increase by approximately 35%-40% as compared to that of the year ended 31 December 2017.