Xingye Copper International Group Ltd. announced earnings guidance for year ended December 31, 2013. For the year, the company announced that the group is expected to record a significant decline in its net profit for the year ended December 31, 2013 as compared to the net profit for the corresponding period in 2012, which was mainly attributable to an impairment provision made for a piece of land, and a substantial provision for impairment in respect of the group's interests in a jointly-controlled entity in view of the unsatisfactory results of the jointly-controlled entity, which is expected to have a material negative impact on the results of the Group for the year ended December 31, 2013.