Sheng Ye Capital Limited provided earnings guidance for the nine months ended September 30, 2018. The board of directors of the company announced that based on the unaudited consolidated management accounts of the group for the nine months ended September 30, 2018, it is expected that the group may record a significant increase in profit for the nine months ended September 30, 2018 by approximately 200% as compared to that for the corresponding period in 2017. The expected increase was primarily attributable to: (i) the expected increase in income of factoring service; and (ii) the expected increase of the gain on sales of factoring assets.