China New Energy Power Group Limited provided consolidated earnings guidance for the year ended December 31, 2015. For the year, the company expects to record a significant loss. In addition, as compared to last year, the administrative expenses also recorded a significant increase.

Therefore it is expected that the loss incurred and the increase in administrative expenses will have adverse effect on the consolidated statement of profit or loss and other comprehensive income for the year ended 31 December 2015 and consolidated statement of financial position as of 31 December 2015 of the Group.