Guangzhou Automobile Group Co., Ltd. provided earnings guidance for the full year ended December 31, 2012. Based on the preliminary estimations of the Company, the net profit realized and attributable to its shareholders in the year ended 31 December 2012 is expected to reduce by 70% to 80%, compared with the same period last year of RMB 4,271,619,000 or RMB 0.69 per share. The results this year, compared with the same period last year, is expected to reduce rather dramatically as a result of the Sino-Japanese Diaoyu Island incident, new enterprises being in an initial stage, increasingly fierce competition within the industry and the restriction on purchase of automobiles in the central cities.