Ann: Company Presentation - October 2015, page-22

Cost of promoting smartpayment no longer consider as growing factor, evidently we spend close to 230k per quarter, expanding to 6 province since day 1.

IMO I dont see how there will be cost increased in auto business either. But i see it as JV new positive update come through at the end. according to previous anns, there will little increase where we need to updating our software to accommodate further demand from Yengfan.

Please explain why there is increase in auto business. I done business in china before usually information being spread around pretty fast through words and recommendation. yes it will cost you in entering the market but maintain the business required good connection. which we already have as you can see in our smartpay business. Looking forward to see what SMA will bring as Bryan is in china at the moment.