Xiangxing International Holding Limited provided earnings guidance for the year ended December 31, 2018. For the period, the company expects profit attributable to owners of the company increase by approximately 150% compared with that for the year ended December 31, 2017. The substantial increase in the Group's profit attributable to owners of the Company for the year ended 31 December 2018 was mainly attributable to: the reduction in listing expenses as none was incurred for the year ended 31 December 2018 (listing expenses of approximately RMB 11,186,000 were incurred for the year ended 31 December 2017); the large increase in throughput in Yuanhai port in Xiamen where the Group provides services for the year ended 31 December 2018; and the significant increase in the amount of imported reusable solid waste handled by the Group since June 2018.