The board of directors of China Dongxiang (Group) Company Ltd. provided additional information to the shareholders of the company and potential investors that the group is expected to record a substantial increase of approximately 350% to 380% in net profit for the year ending 31 December 2014 as compared with the net profit recorded by the group for the year ended 31 December 2013. The board considered the substantial increase in the net profit of the group is mainly attributable to the substantial increase in investment income arising from the distribution from Yunfeng e-Commerce A Fund, L.P. and Yunfeng e-Commerce B Fund, L.P. (the yunfeng funds) of their disposal of 30% of the Yunfeng Funds' investments in the shares of Alibaba Group Holding Limited. After the distribution, the group remains as the limited partner of the Yunfeng Funds.

The performance of the group's core sportswear sale business for the year ending 31 December 2014 is expected to remain stable as compared with that for the year ended 31 December 2013.