Guolian Securities Co., Ltd. provided earnings guidance for the six months ended 30 June 2016. The Board informed the Company's shareholders and potential investors that based on the preliminary review of the unaudited management accounts of the Company and its subsidiaries for the six months ended 30 June 2016, which is prepared under the generally accepted accounting principles of the People's Republic of China, the Group is expected to record a substantial decrease in its net profit attributable to the Shareholders of approximately 65% as compared to the same period of 2015. The Board is of the opinion that the decrease in the Group's profit is mainly attributable to the overall sluggish securities market as well as the significant year-on-year trading volume decrease in the Shanghai Stock Exchange and the Shenzhen Stock Exchange in the first half of 2016. Under this market environment, the profit of the Group's securities brokerage, credit transactions and securities investment businesses recorded a year-on-year decrease.