The board of directors of Shanghai Tonva Petrochemical Co., Ltd. informed shareholders of the company and potential investors that, based on the preliminary review of the unaudited management accounts of the group for the year ended 31 December 2013, it is expected that the group may record a significant increase in consolidated profit attributable to owners of the company for the year ended 31 December 2013 as compared with the corresponding period in 2012. Based on the information currently available, the expected significant increase in profit was mainly attributable to the continuous and steady growth of existing road and bridge construction business and trading business of the group.