China Data Broadcasting Holdings Ltd. provided earnings guidance for the year ended December 31, 2012. The board of directors announced that based on the review of the management accounts of the Group for the year ended December 31, 2012, the Group is expected to record a loss for the year ended December 31, 2012 as compared to a profit for the same period in 2011. Such loss was mainly attributable to the impact of the payment of professional fees and expenses incurred for the acquisition.