Tianjin Jinran Public Utilities Company Limited provided consolidated earnings guidance for the full year ended December 31, 2013. After a preliminary review on the group's unaudited consolidated management accounts for the year ended 31 December 31, 2013, the group expects to record a substantial decrease in profit and total comprehensive income for the year ended December 31, 2013 as compared to that for the year ended December 31, 2012. This is mainly due to the following reasons: the gas connection income has decreased significantly due to the relatively sluggish property market in Tianjin, resulting in a decrease in demand of piped gas connection services from the group; the decrease in demand for piped gas from a major customer of the group due to the increase of unit price of natural gas supplied by the company as directed by the Tianjin municipal price bureau in the second half of 2013; and there was an impairment loss regarding the mining right of the lead-zinc mine located in Taijiang County, Guizhou Province owned by Guizhou Province Taijiang County New Lead and Zinc Mineral Extraction Company Limited, a company held as to 70% by Guizhou Jinwei Mining Investment Company Limited, which is in turn held as to 88% by the group as the actual future cash flows arising from the said mine were less than expected for the year ended December 31, 2013 due to the Board's decision to temporarily postpone the exploration of the said mine and focus on the group's principal business of natural gas in the second half of 2013.