Jingrui Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. The company announced that it expects to incur a loss in its consolidated profits (excluding fair value gains) for the year ended December 31, 2015 as compared to the corresponding period for the year ended December 31, 2014. Such loss was mainly due to an adjustment in its overall strategy, changing its focus from third and fourth-tier cities to first and second-tier cities, proactively reducing its footprint in third and fourth-tier cities and increasing its efforts to sell its stock of properties in third and fourth-tier cities, thereby leading to lower profit margins in 2015 compared to 2014. In addition, the depreciation of the RMB against the USD in 2015 resulted in a foreign exchange loss on the principal amount and the interest paid on its senior notes of an aggregate outstanding principal amount of USD 300 million.

The company reported preliminary unaudited sales results for the year ended December 31, 2015. The group's aggregated contracted sales for the twelve months ended December 31, 2015 was approximately RMB 8,695 million. The group's aggregated contracted gross floor area for the twelve months ended December 31, 2015 was approximately 810,817 square meters.