The Board of China Zhongsheng Resources Holdings Limited announced that based on preliminary review by the Group's management of the unaudited management accounts of the Group for the year ended 31 December 2013, the Group is expected to record a substantial increase in the consolidated total comprehensive income for the year ended 31 December 2013 as compared to the year ended 31 December 2012, which was primarily attributable to the one-off gain on bargain purchase (negative goodwill) as a result of the Acquisition completed in the first quarter of 2013.