The board of directors of the China Innovative Finance Group Limited announced that the shareholders of the company and potential investors that the group expected to record a loss for the six months ended 30 September 2016. Such loss was principally attributable to the realized fair value loss on investments at fair value through profit or loss for the period. The company would like to inform the shareholders and potential investors that despite the expected loss for the Period, the operations and financial position of the group remain sound and healthy.