China Jiuhao Health Industry Corporation Limited announced that its board estimated that the group is expected to record an increase in net loss for the year ended December 31, 2013 comparing to that for the year ended December 31, 2012. The increase in net loss is mainly due to the incurrence of loss on disposal of the subsidiaries principally engaging in properties investment in Shenzhen of approximately HKD 70 million, non-cash notional interest expenses on outstanding convertible notes and promissory notes for the year of approximately HKD 76 million, and impairment on non-core media segment asset of approximately HKD 25 million.