Bohai Logistics announced preliminary unaudited earnings guidance for the year ended December 31, 2012. For the year, the company expects net profit attributable to share holders in the range of RMB 105,400,000 - RMB 112,300,000 or approximately RMB 0.24 basic earnings per share. The main reasons for the increase in results of Bohai Logistics is the expenses of Bohai Logistics has been better controlled during the Reporting Period.

At the same time, the asset reorganisation of Bohai Logistics was completed in 2012, therefore the profit of Qinhuangdao Maoye Shangsha Operation Management Company Limited during the Reporting Period has been consolidated into the consolidated financial statements of Bohai Logistics.