CMST Development Co. Ltd. provided preliminary earnings guidance for the first quarter of 2017. The company predicts a decrease of about 80% in the net profit belonging to shareholders of the listed company in the first quarter of 2017 compared with the same period of the year before (RMB 229.23 million). It is predicted that the net profit belonging to shareholders of the listed company in the 1st quarter of 2017 after excluding extraordinary profit and loss will be about RMB 27 million. The company turns losses into gains compared with the same period of the year before a loss of RMB 4.27 million.