PW Medtech Group Limited provided earnings guidance for the year ending December 31, 2014. For the period, the Group expects the unaudited adjusted net profit for the year ending December 31, 2014 to increase by over 45% as compared to the Group's unaudited adjusted net profit of approximately RMB 140.7 million for the year ended December 31, 2013, which was derived by excluding non-operational and one-off items comprising share-based compensation expenses and listing-related expenses from profit for the year. Noting a slowdown in the growth of the general medical device market comparing to the expectation due to the challenging economic environment, the Board is nevertheless confident about the long term growth of the Group's business.

The Board also took into account the unaudited adjusted net profit contributed from the regenerative medical biomaterial business of Beijing Tianxinfu Medical Appliance Co., Ltd, which became the Company's wholly-owned subsidiary in early August 2014.