The board of directors of Loudong General Nice Resources (China) Holdings Limited informed the shareholders of the company that the audited consolidated financial results of the group for the year ended December 31, 2011, which are being finalized, is expected to record a significant increase in the profit attributable to the owners of the company as compared to the corresponding financial year of 2010. The expected increase is mainly due to the owners share 94.48% of the results of the company's principal subsidiary, Shanxi Loudong-General Nice Coking & Gas Co. Ltd. in the 2011 results for the whole financial year while in the 2010 results, the owners share 94.48% of the results of Shanxi Loudong only in the second half of the financial year 2010 after completion of acquisition of a further 39.9% and 4.48% equity interests respectively in it.