China High Speed Transmission Equipment Group Co., Ltd. provided group earnings guidance for the year ended December 31, 2013. The board of directors of the company informed the shareholders of the company and potential investors that, based on the company's review of the consolidated management accounts of the group for the year ended December 31, 2013, which have not yet been audited by the company's auditors, the profit of the group is expected to record a significant decrease as compared to that for the previous year. Such significant decrease in profit is mainly attributable to increase in provision for account receivables and inventory.