Vital Mobile Holdings Limited provided earnings guidance for the six months ended June 30, 2017. Based on the preliminary assessment of the Group's unaudited consolidated management accounts for the four months ended 30 April 2017, the Group expected to record a net loss in the range of RMB 15 million to RMB 20 million for the six months ended June 2017. Since the date of the Announcement, the Board has further reviewed the Group's unaudited consolidated management accounts for the six months ended 30 June 2017 (the "Management Accounts"), including the figures for May and June 2017. The Board updated the shareholders and potential investors of the Company that based on the information currently available to the Board and the preliminary assessment of the Management Accounts, the Group is expected to record a net loss in the range of RMB 40 million to RMB 45 million for the six months ended 30 June 2017 as compared to a net profit of RMB 19.5 million for the six months ended 30 June 2016. Based on information currently available to the Board, the expected increase in net loss was attributable to the exchange losses of approximately RMB 10 million due to the depreciation of HKD and USD against RMB as the Group's reporting currency is RMB, and provision for inventory and bad debt of approximately RMB 12 million.