China Vanguard Group Limited provided earnings guidance for the six months ended December 31, 2012. The Group is expected to record an increase in net loss for the six months ended December 31, 2012 as compared to the net loss for the six months ended December 31, 2011. Based on the information currently available to the Board, the anticipated increase in net loss for the six months ended December 31, 2012 was mainly attributable to an decrease in revenue of lottery business.