Huayu Expressway Group Limited provided earnings guidance for the six months ended June 30, 2012. The board of directors informed the shareholders of the company and potential investors that the Group may incur a significantly higher loss for the six months ended June 30, 2012 as compared to the loss of approximately HKD 10.4 million for the six months ended June 30, 2011. Such increase in loss was primarily attributable to, among other things, the impairment loss on the intangible assets under the service concession arrangement of the Group, arising from the recent promulgation of "Notice on Approval and Forwarding of Toll-Free on Major Festivals and Holidays for Small Passengers Vehicles Implementation Policy Promulgated by the Ministry of Transport etc.