Shunfeng Photovoltaic International Limited announced earnings guidance for the year ended December 31, 2013. For the period, the company expected to record a significant increase net loss as compared to the net loss recorded by the group for the twelve months ended December 31, 2012. The board considers that the expected significant increase in the net loss is, among other things, primarily attributable to the non-cash accounting treatment in relation to the adjusted fair values of the convertible bonds on 28 February 2013 and 19 August 2013 in compliance with the International Financial Reporting Standards.