The board of directors of China Infrastructure Investment Limited informed that the group's consolidated loss for the year ended December 31, 2013 may be significantly higher than the group's consolidated loss for the year ended December 31, 2012 based on information currently available to the Board. The board believes that the expected significant increase in the group's consolidated loss was mainly due to a fair value loss on the investment properties for the year ended December 31, 2013 (fair value gain on the investment properties amounted to approximately HKD 36,000,000 for the year ended December 31, 2012).