The board of China Titans Energy Technology Group Co., Limited announced that, based on the preliminary information currently available from the management accounts (which have neither been audited nor reviewed by the auditor of the company) and the operational figures of the group, it is expected that the group will record a significant improvement in the loss position for the six months ended June 30, 2015 compared with that for the six months ended June 30, 2014. The expected significant improvement in the loss position of the group for the six months ended June 30, 2015 is mainly attributable to the increase in the number of orders for the group's main products (in particular, charging facilities related products for electric vehicles), caused by the positive market development which led to an increase in demand for such products during the period.