Zhejiang Yonglong Enterprises Co. Ltd. provided earnings guidance for the year ended December 31, 2013. For the year, the company is expected that the company may record a significant profit after taxation as compared with the loss for the year ended December 31, 2012.

Such expected profit was mainly attributable to the gain on disposal of land and buildings of the old factory to the Local Government, which was completed on March 26, 2013.