Zhejiang Shibao Company Limited revised earnings guidance for the full year of 2018. Reference is made to the announcement of the Company dated 26 October 2018 in relation to, among other things, the forecast of its net loss attributable to shareholders of the listed company for the year of 2018 would be between RMB 18,000,000 and RMB 9,000,000. The Company expects that the net profit attributable to shareholders of the listed company of 2018 ranges from RMB 0.00 to RMB 9,796,800 (2017: RMB 32,656,100), representing a decrease of about 100% to 70% as compared with the corresponding period of last year.