Lingbao Gold Company Ltd. provided earnings guidance for the year ended December 31, 2014. The board of directors of the company announced that the unaudited net profit attributable to the equity shareholders of the company for the year ended 31 December 2014 is expected to be approximately RMB 15,000,000 as compared to the corresponding year of 2013, of which the net loss attributable to the equity shareholders of the company was approximately RMB 673,365,000. Such expected increase is mainly due to the decrease in production cost of gold because of purchasing raw materials at a lower cost as compare to the corresponding year of 2013.