The board of directors of China Singyes Solar Technologies Holdings Limited announced that, based on the preliminary assessment of the unaudited consolidated management accounts of the group, it is expected that the Group's interim results for the period ended 30 June 2016 would record an increase in the consolidated profit attributable to the owners of the company for more than 40% as compared to that for the period ended 30 June 2015. Based on preliminary assessment, such considerable increase in the Group's consolidated profit was primarily attributable to the following factors: revenue from curtain wall and green building business increase because of economy recovery, revenue from solar EPC business increase because of the strong demand in domestic market in China and electricity income from existing grid-connected solar farm increase.