APT Satellite Holdings Ltd. provided earnings guidance for the year ended December 31, 2011. The board of directors of the company and investors announced that the net profit of the Group for the year may record a significant increase as compared with that of the same period in 2010. Such increase was primarily attributable to significant unrealised revaluation gain of the convertible bonds issued by CNC Holdings Limited to the company pursuant to the Discloseable Transaction announced by the Company on September 9, 2011.