Global Bio-chem Technology Group Company Limited provided earnings guidance for the six months ending June 30, 2013. The board of directors of the Company announced that the results of the Group for the Period may be further adversely affected by the possible provision for impairment of approximately HKD 580 million in respect of certain production facilities of the Group in Changchun. These production facilities were used by the Group for the production of its polyol chemicals and, in view of the unfavourable market conditions of the polyol products, their operation has been temporarily suspended since June 2013.