Warderly International Holdings Limited provided earnings guidance for the year ended December 31, 2014. Group is expected to record a significant amount of net loss for the year ended 31 December 2014, mainly attributable to a non-cash accounting adjustment of approximately RMB 1.4 billion in relation to the adjusted fair values of the Convertible Bonds in compliance with the HKFRSs; and a substantial decrease in net profit from operation due to the decrease in the revenue and the increase in operating costs in 2014 as compared to that of 2013.