Honghua Group Ltd. provided earnings guidance for the year 2012. For the year, the company expected the turnover in 2012 to exceed historical high and nor did the company announced that the turnover in 2012 is expected to be RMB 5.7 billion. The company's turnover in 2012 may exceed the historical high made by the company was based on the company's results in the first half of 2012, contract signed and the company's views of business developments in the offshore and oilfield services areas, which did not constitute a speculation about the company's profit level.