Beijing Jingcheng Machinery Electric Company Limited provided earnings guidance for the full year ended December 31, 2017. The company announced that upon the preliminary calculation of the company's financial department, it is expected to realize net profit attributable to the shareholders of the Company in 2017 as compared to negative RMB 148.7876 million recorded for the same period of last year, the company is expected to turn from losses into profits. The company is expected to record net profit attributable to the shareholders of the company of RMB 15 million to RMB 25 million. The company is expected to record net profit attributable to the shareholders of the company after deducting the non-recurring profits and losses of negative RMB 63.10 million to negative RMB 53.10 million. The estimated profit in the results of the company is mainly attributable to the items of non-recurring profits and loss arising from the transfer of property assets by Langfang Tianhai High Pressure Containers Co. Ltd. through public tender and the receipt of financial subsidies by Beijing Tianhai Industry Co. Ltd. granted by the State-owned Assets Supervision and Administration Commission of People's Government of Beijing Municipality.