Chanco International Group Ltd. provided earnings guidance for the six months ending September 30, 2015. Because of the volatility of the exchange rate of Renminbi, the Group had converted all its RMB fixed deposits, amounting to approximately RMB 92.2 million, into Hong Kong dollar at spot rates ranging from approximately 1.185 to 1.200 recently between 12 and 24 August 2015. As a result, the Group has recorded a foreign exchange loss of approximately HKD 7.2 million which may have a substantial negative impact to the results of the Group for the six months ending September 30, 2015 as compared to the same corresponding period in 2014.