China Vehicle Components Technology Holdings Limited provided consolidated earnings guidance for the six months ending June 30, 2012. The unaudited consolidated interim results of the Group for the six months ending June 30, 2012 is expected to show a significant decrease in the consolidated net profit as compared to that for the corresponding period in 2011. The Board considered that the expected significant decrease in the consolidated net profit of the Group for the six months ending June 30, 2012 as compared to that for the corresponding period in 2011 was primarily attributable to: a decrease in the demand for the Group's products from certain major customers of auto producers as a result of slow recovery in the sales of automobiles and a weak market since the growth of automobile market in the PRC slowed down in 2011; and part of the one-off income received by the Group during the six months ended June 30, 2011 will not repeat for the corresponding period in 2012.