Vongroup Limited informed the shareholders and potential investors of the company that auditors for the company and its subsidiaries have made an initial recommendation for certain impairment loss to be recognized on goodwill of the group due to the increase in competitive environment in the financing sector in China. The company is assessing this recommendation as well as the amount. The company at this time expects that if such impairment is implemented, there will likely be a loss in the group's annual results for the year ended 30 April 2014 that is higher than the loss for the previous year, primarily due to this impairment.