China Modern Dairy Holdings Ltd. provided consolidated earnings guidance for the six months ended June 30, 2014. The company expects that the Group will record for the six months ended 30 June 2014 that an increase in its total revenue of more than 80% as compared to that of the six months ended 30 June 2013 (the unaudited revenue of the Group amounted to RMB 1,388 million) and an increase in its cash EBITDA of more than 90% as compared to that of the six months ended 30 June 2013 (the unaudited cash EBITDA of the Group amounted to RMB 408 million).