Sheng Ye Capital Limited provided group earnings guidance for the nine months ended 30 September 2017. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the unaudited consolidated management accounts of the Group for the nine months ended 30 September 2017, it is expected that the Group may record a significant increase in profit for the nine months ended 30 September 2017 by approximately 30% as compared to that for the corresponding period in 2016. The expected increase was primarily attributable to the increase in income of factoring service and the increase of the gain on sales of factoring assets.