Guodian Technology & Environment Group Corporation Limited informed the shareholders of the company and potential investors that based on a preliminary review of the unaudited and un-reviewed consolidated management accounts of the group and the management's preliminary assessment of such management accounts, the group is expected to record a profit before taxation of approximately RMB 40.0 million to RMB 60.0 million for the year ended December 31, 2014, as compared to that of approximately RMB 939.4 million for the year ended December 31, 2013 and the group is expected to record a consolidated loss attributable to equity shareholders of the company for the year ended December 31, 2014 of approximately RMB 300.0 million to RMB 420.0 million as compared to the consolidated profit attributable to equity shareholders of the company of approximately RMB 557.1 million for the year ended December 31, 2013. Based on information available to the company immediately preceding the release of this announcement, the expected decrease in the consolidated profit attributable to equity shareholders of the company for the year ended December 31, 2014 as compared to that for the year ended December 31, 2013 was primarily attributable to impairments of assets such as the thin film solar production lines, which resulted in the decrease in the profit generated from the group's solar power products and services business. Net cash inflows generated from the group's operating activities in 2014 is expected to be more than RMB 1,500.0 million, as compared with 2013, when net cash outflows used in operating activities was approximately RMB 697.6 million.