The board of directors of SPT Energy Group Inc. informed the shareholders and potential investors of the company that, based on the preliminary assessment on the unaudited consolidated management accounts of the Group for the year ended 31 December 2015, the Group is expected to record a loss for the year ended 31 December 2015, which is estimated to be more than RMB 400 million, due to the effect of the major clients of the Group significantly reducing their investment in exploration and development as a result of the continuous weakening of the international oil prices and depression of the oil and gas field service market.