China VAST Industrial Urban Development Company Limited provided earnings guidance for the year ended December 31, 2015. The group expects that a decrease of not more than 30% in the consolidated profit attributable to the shareholders of the Company for the year ended 31 December 2015 as compared to 2014 may be recorded. The decrease in profit was mainly due to the issue of "Beijing-Tianjin-Hebei Coordinated Development Plan" by the Central Politburo of the Communist Party of China on 30 April 2015, and subsequently the approval of "The Suggestions of Implementing the Beijing-Tianjin-Hebei Coordinated Development Plan" by Hebei Provincial Commission and Hebei Provincial Government on 15 July 2015, which led to adjustments to urban planning and urban functions of Langfang, Hebei Province and thus postponing the timing of land sales.