China Vehicle Components Technology Holdings Limited provided earnings guidance for the six months ended 30 June 2015. For the period, it is expected that the profit attributable to the shareholders would decrease substantially as compared to that for the corresponding period ended 30 June 2014, which is mainly because, among other things, (i) the net profit from the Group's vehicle component manufacturing business decreased significantly due to an increase in production costs and sales expenses resulted from fiercer market competition and the adoption of more demanding quality requirements by automobiles manufacturers, which offset the growth in revenue from the sales of products; (ii) the Group recorded a loss in its newly-established businesses of migration consulting and financial consulting in the six months ended 30 June 2015 due to the cost and promotion fee incurred for developing the new businesses at the introduction stage; and (iii) the government subsidy income received by the Group for the six months ended 30 June 2015 decreased substantially as compared to that for the corresponding period ended 30 June 2014.