The Board of Ko Yo Chemical Group Limited informed shareholders of and potential investors in the Company that, due to the market prices of urea and other chemical products were in low level in China and the world, and the price of natural gas in mainland China was not adjusted downward in the first half year of 2015, which in turn leads to the operating gross profit of the Group was at low level. Therefore, the Board expects that the Group will record a loss in the first half of the financial year of 2015.