Chaowei Power Holdings Limited provided preliminary consolidated earnings outlook for the eleven months ended November 30, 2014. For the period, the company expects to record a marked increase in the sales volume and revenue as compared to those for the year ended 31 December 2013. The group expects to record a net loss attributable to owners of the Group, which was mainly attributable to the decrease in selling price of the lead-acid motive batteries due to intense competition in the market of the PRC.