Zhejiang Yonglong Enterprises Co. Ltd. Provided earnings guidance for the three months ended March 31, 2014. For the period, it is anticipated that the company may record a loss after taxation as compared with the profit for the three months ended March 31, 2013.

Such expected loss was mainly attributable to finance cost in respect of imputed interest in non-current interest-free amount due to ultimate holding company for the three months ended March 31,2014.