Tian An China Investments Co. Ltd. provided group earnings guidance for the six months ended June 30, 2012. For the period, the company expected that the profits of the company and its subsidiaries for the six months ended 30th June, 2012 may show a significant decrease as compared to that for the six months ended 30th June, 2011. The above change is believed to be mainly due to the domestic policy of China to curb the continuing increase in property prices which has led to a slowdown in China's property market, and adversely affected the sales performance and the completion of sales of some of the property projects of the group.