China Minsheng Drawin Technology Group Limited provided consolidated earnings guidance for the nine months December 31, 2016. For the period, the board of directors of the company announced that based on a preliminary review of the unaudited consolidated management accounts of the group and the information currently available to the board, the group is expected to record a significant loss attributable to owners of the company for the year ended December 31, 2016. The anticipated loss for the year ended December 31, 2016 is mainly attributable to the net loss on available-for-sale financial assets and trading securities listed in Hong Kong of approximately HKD 106 million as compared with that of approximately HKD 3.5 million for the nine months ended December 31, 2015. The significant increase in the loss is primarily due to the volatile Hong Kong stock market in 2016.