The board of directors of the Huiyin Household Appliances (Holdings) Co., Ltd. announced that the group's unaudited management accounts for the six months ended June 30, 2014 and the information currently available to the Board, the group is expected to record a substantial increase in the profit resulting in a net profit attributable to shareholders for the period as compared with a net loss attributable to shareholders for the six months ended June 30, 2013. The mainly due to the no significant impact from the provisions made by the Group in respect of the amounts due from suppliers (if any) as compared with that for the comparative period as a result of the recovery of operation in the upstream industry, and a growth in the Group's revenue and gross profit which is due to the business development of the Group, the recovery in the household appliance consumer market and new urbanization of rural area.