GCL New Energy Holdings Limited provided earnings guidance for the interim period ended June 30, 2017. The board is to inform its shareholders and potential investors that having reviewed the latest available unaudited management accounts of the Group, the group expects to record an anticipated profit attributable to owners of the company from the remaining solar energy business (Continuing Operations) of approximately RMB 450 million for the 2017 Interim Period as compared to a profit attributable to the owners of the company from the Continuing Operations of approximately RMB 147 million for the Last Interim Period. Based on the information currently available, the board considers that the significant increase in the profit attributable to the owners of the company from Continuing Operations for the 2017 Interim Period was mainly attributable to the fact that the number of solar farms has been significantly increased to 129 as at June 30, 2017 from 66 as at June 30, 2016.

The company reported operating results for the interim period ended June 30, 2017. The company announced that according to the company's preliminary operating statistics, the aggregate installed capacity in China and overseas on consolidated basis reached approximately 5,049 megawatts (MW) as at 30 June 2017 (30 June 2016 of approximately 2,680 MW), representing a year-on-year growth of approximately 88.4%. Grid-connected capacity in China and overseas on consolidated basis increased by approximately 94.8%, from approximately 2,127 MW as at 30 June 2016 to approximately 4,143 MW as at 30 June 2017, and the total electricity sales volume sold by the
Group for the period ended 30 June 2017 (2017 Interim Period') amounted to approximately 2,355 million kilowatt-hours (kWh), a significant rise of approximately
106.6% compared to 1,140 million kWh for the period ended 30 June 2016 (Last Interim Period).