The Board of Directors of Hengyang Petrochemical Logistics Limited informed to its shareholders that following a preliminary assessment of the unaudited financials for third quarter 2013, the group is expected to register a loss-making quarter. This was mainly due to a non-recurring extraordinary expenditure of approximate RMB 6.1 million in professional fees incurred in relation to the Proposed Subscription, the Proposed Conversion of Shares and the Proposed Acquisition.