Inner Mongolia Yitai Coal Co. Ltd. provided earnings guidance for the year ended 31 December 2016. For the period, group is expected to record the net profit attributable to the shareholders of the company of approximately RMB 2.0 billion, representing an increase of approximately 2,110% as compared to that for the year ended 31 December 2015. The company considered that the expected increase in the results of the period was primarily attributable to the increase in the profit per ton of the company in the period as compared to the same period of last year, which was due to the continual increase in the coal price, with the improvement of supply-demand situation in the market as a result of supply-side reform in the coal market. At the same time, due to the company's relatively low net profit base in 2015, the annual results of the company in 2016 increased significantly as compared to that of the same period last year.