The board (the "Board") of directors (the "Directors") of Hilong Holding Limited informed the shareholders of the Company (the "Shareholders") and potential investors that, based on the information currently available to the Board and the preliminary review of the unaudited consolidated management accounts of the Group, the Group is expected to record a significant increase in net profit of more than 90% for the six months ended 30 June 2019 (the "Interim Period"), as compared to the net profit for the corresponding period in 2018. Such increase was mainly attributable to the stable development of the industry during the Interim Period, which has driven the business growth of the Group, in turn leading to the increase in the profit of the Group.