The board informed the shareholders of Beijing Enterprises Clean Energy Group Limited and potential investors of the company that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2017, it is expected that there will be a significant increase of not less than 180% and not more than 220% in the Group's consolidated net profit attributable to equity holders of the Company for the year ended 31 December 2017 as compared to the Group's consolidated net profit attributable to equity holders of the Company for the year ended 31 December 2016. Based on the information currently available, the Directors consider that such significant increase is primarily attributable to, among others, the increases in the sale of electricity in respect of the photovoltaic and wind power projects in operation and the provision of engineering, procurement and construction services for photovoltaic and wind power projects during the year ended 31 December 2017.