Chigo Holding Limited provided earnings guidance for the year ended December 31, 2013. The board of directors of the company announced that the group is expected to record a significant increase in profit for the year ended December 31, 2013, as compared with that of the same period in 2012. Based on a preliminary review of the consolidated management accounts of the group, the increase in profit was mainly due to an increase in the group's gross profit as a result of an improvement of the operating efficiency of the group, an increase in the subsidies received by the group in 2013 under the PRC government's energy-saving scheme and a decrease in finance costs for the year.