Renhe Commercial Holdings Co Ltd. provided earnings guidance for the year ended December 31, 2013. For the year, the board of directors of the company expects to record a loss for the year ended December 31, 2013, as compared to the profit recorded for the year ended December 31, 2012. Such expected loss is mainly attributable to a net valuation loss on investment properties as compared to the net valuation gain in 2012 and partly due to the impairment loss as a result of the settlement of outstanding receivables for the Chengdu Project and Anshan Project on a discounted basis.