China Silver Group Limited provided un-audited group earnings guidance for the year ended December 31, 2014. For the year, the group expected to record an increase of not less than 80% in its consolidated net profit for the year ended 31 December 2014 as compared to that of the year ended 31 December 2013 (the audited consolidated net profit for the Group for the year ended 31 December 2013 amounted to RMB 131,338,000). The Board believes that such increase in the consolidated net profit is primarily attributable to, among other things, the significant enhancement in the gross profit margin due to a rapid surge in online retail sales generated from the newly developed downstream e-commence platform, the decrease in volatility of the market price of silver during the year ended 31 December 2014; and the reduction in the enterprise income tax as previously announced by the Company on 31 March 2014.