Jiangnan Red Arrow: 2013 Third Quarter Results Announcement

**Abstract** Stock Code: 000519 Securities Abbreviation: Jiangnan Red Arrow Announcement No.: 2013-38 Hunan Jiangnan Red Arrow Co., Ltd. Third Quarter Results Announcement for 2013 The company and all members of the Board of Directors guarantee that the information provided in this announcement is true, accurate, and complete. There are no false records, misleading statements, or material omissions. **I. Estimated Performance for the Current Period** 1. Estimated Performance: The company expects to report a loss, similar to the previous period. 2. Performance Forecast Format Below is the performance forecast for the third quarter of 2013: ![Performance Forecast](http://i.bosscdn.com/blog/vb/z2/01/310170849376875.jpg) **II. Pre-Audit Status of the Performance Forecast** This performance forecast has not been audited by an independent certified public accountant. **III. Reasons for Changes in Performance** Following the completion of the asset restructuring, Zhongnan Diamond Co., Ltd. became a wholly-owned subsidiary of the company and was included in the consolidated financial statements. This expansion has significantly enhanced the company’s core business, which now includes the production and sale of super-hard materials and high-performance abrasives, in addition to its traditional internal combustion engine cylinder liner and piston products. As a result, the company’s overall financial condition and operating performance have seen substantial improvement. **Special Announcement** Hunan Jiangnan Red Arrow Co., Ltd. Board of Directors October 10, 2013 --- *Note: This document is intended for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities.*

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