China City Infrastructure Group Limited provided earnings guidance for the year ended December 31, 2014. The group is expected that the results of the group will show a significant decrease of around 55%­60% in net profits in comparison with the corresponding financial year ended December 31, 2013. The Board is of the view that the decrease in net profits for the financial year is primarily resulted from absence of one-off net gain on disposal of investment properties (that is the land parcel located in Guangzhou) of approximate HKD 235 million and decrease in property units sold and delivered in the financial year ended December 31, 2014 compared with the corresponding financial year ended December 31, 2013.