The board of directors of DeTeam Company Limited announced to the shareholders of the company and potential investors that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended December 31, 2014, the Group is expected to record a substantial increase in the unaudited consolidated net loss for the year ended December 31, 2014 as compared with the audited consolidated net loss for the year ended December 31, 2013. The expected increase in the unaudited consolidated net loss was mainly attributable to the decrease in the profit in the manufacture and sale of plastic woven bags, paper bags and plastic barrels business segment; the increase in finance costs; the impairment losses in the Group's inventories and trade receivables in the manufacture and sale of plastic woven bags, paper bags and plastic barrels business segment; and the impairment loss in the Group's property, plant and equipment in Changchun Guochuan Energy and Technology Development Company Limited.