Dukang Distillers Holdings

[Bibi]

The Board of Directors (the “Board”) of Dukang Distillers Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Group expects its overall revenue and earnings to be significantly lower for the three months ended 31 December 2014 (“2Q2015”) compared to the three months ended 31 December 2013 (“2Q2014”).
This was mainly due to the decrease in average selling prices and sales volumes of Luoyang Dukang and Siwu products as Chinese government’s continued austerity measures affect the sales of wine and spirits across the nation.

Lai liao. Most S-chips gave this reason before they go bust. I think Foreland gave this reason too.