MIE Holdings Corporation provided group earnings guidance for the first half year of 2014. The board announced that, based on the information currently available to the board, the group is expected to record a material decrease in its net profit for first half of 2014, as compared with that for first half year of 2013, due primarily to one-off finance expense of RMB 120 million call premium for the early redemption of the 2016 Notes, as well as approximately RMB 35 million unamortized expenses of the 2016 Notes charged to profit and loss account as a result of the redemption.