The board of directors of Global Strategic Group Limited announced to the shareholders of the company and potential investors that based on the preliminary review by the company's management on the unaudited management accounts of the Group, the Group is expected to extend its loss for the six months ended 30 June 2015 to approximately HKD 60 million. Such extended loss was mainly attributable to the increase in legal and professional fees incurred for the acquisition of 49% equity interest in Yichang Zhongyou Natural Gas Utilization Co. Ltd.