China Zhongwang Holdings Limited provided group earnings guidance for the year ended December 31, 2012. The board announced that, based on a preliminary review of the unaudited management accounts of the group, it is expected that the net profit of the group for the year may increase significantly as compared to the net profit of the group for the year ended December 31, 2011. Based on the information currently available, the expected increase in the group's net profit is primarily attributable to a significant increase in the group's sales revenue for the year ended
December 31, 2012.