China Best Group Holding Limited provided earnings guidance for the six months ended June 30, 2013. For the six months, the company expected to record a greater loss than the loss for the corresponding period ended June 30, 2012. The board considers that the expected loss is mainly attributable to (i) the continued decline in the price of and demand for coal products in the Mainland China market, resulting in the loss in the Company's coal business, and (ii) the decrease in fair value for the investments held for trading in light of the unstable global economic and investment market conditions in the first half year of 2013.