China Nuclear Industry 23 International Corporation Limited provided group earnings guidance for the year ended March 31, 2012. The board announced that the results of the group for the year ended March 31, 2012 are expected to record a significant increase of profit as compared to the net loss of approximately HKD 889,084,000 for the year ended March 31, 2011. The expected profit is due to the net changes in fair value of derivative financial liabilities, in compliance with the currently applicable accounting standards, relating to each of the War ants, the 2011 CBs and the Acquisition Convertible Bonds.