Jinhui Holdings Company Limited provided group earnings guidance for the year ended December 31, 2014. The company has been informed by Jinhui Shipping & Transportation Ltd. that, based on a preliminary review of the unaudited consolidated management accounts, Jinhui Shipping is expected to record a consolidated net loss for the year ended December 31, 2014 as compared to a consolidated net profit for the year ended December 31, 2013. The expected consolidated net loss of Jinhui Shipping for the year 2014 would be primarily attributable to the reduced hire and freight revenue due to substantial exposure to spot freight market, coupled with unrealized loss on investment portfolio and possible impairment loss on certain owned vessels.

As the results of the group are largely attributable to the results of Jinhui Shipping, the group's results is expected to be adversely affected. Based on estimation made by the company's finance department, the group may record a consolidated net loss for the year 2014 as compared to a consolidated net profit for year 2013.