The board of directors of China Glass Holdings Limited informed the shareholders of the company and potential investors that, based on its preliminary assessment of the unaudited consolidated management accounts of the company and its subsidiaries for the six months ended June 30, 2013, the group is expected to record an unaudited profit for the six months ended June 30, 2013 as compared to the consolidated net loss for the corresponding six months ended June 30, 2012, which was mainly attributable to a general recovery of China's glass market and an increase in demand during the first half of 2013, and implementation of the group's low-cost fuel technology strategy, which reduced the production costs and enhanced the profitability of the group.