The board of directors of China New Energy Power Group Limited announced that based on the management's preliminary assessment of the unaudited management accounts, the Group expects to incur greater loss for the six months ended 30 June 2016, as compared to the loss for the six months ended 30 June 2015. The expected loss for the six months ended 30 June 2016 was principally attributable to loss on disposal of financial assets at fair value through profit or loss; and net fair value loss on financial assets at fair value through profit or loss, in aggregate, of approximately HKD 124 million (for six months ended 30 June 2015: approximately HKD 75 million).