United Photovoltaics Group Limited provided earnings guidance for the year ended December 31, 2013. For the period, the Group expects to record a significant increase in the consolidated loss attributable to the shareholders in the financial results of the Group for the year ended December 31, 2013 as compared to that for the year ended December 31, 2012. Such increase in consolidated loss is primarily attributed to the two non-cash items, immediate impairment of goodwill upon the acquisition of 92.17% equity interest of China Solar Power Group Limited on 10 June 2013, and the fair value loss arising from the put option embedded in the acquisition of 50% equity interest in Fengxian Huize Photovoltaic Energy Limited on 27 December 2013.