Global Bio-chem Technology Group Company Limited provided earnings guidance for the year ended December 31, 2013. The board of directors of the company informed the shareholders of the company and potential investors that in addition to the factors as set out in the December announcement, the results of the group for the year may be further adversely affected by the possible provision for impairment of an aggregate of approximately HKD 3.4 billion (including the provision of approximately HKD 581 million in respect of certain polyol chemical's production facilities as disclosed in the interim report of the Company for the six months ended June 30, 2013) in respect of certain production facilities of the group in Xinglongshan, Changchun for the production of its polyol chemicals, which had been suspended between the period from June 2013 to September 2013 in view of the unfavourable market conditions, certain upstream production facilities in Dehui, Changchun and Harbin and certain utility facilities of the group in Xinglongshan, Changchun due to insufficiency of cashflow generated from existing production lines to support the present value of such facilities.