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DEC Ltd. Held the Telephone Conference Regarding 1st Quarterly Report

On 26 April, the date when the 1st Quarterly Report of DEC Ltd. was announced, DEC Ltd. held a telephone conference regarding the 1st Quarterly Report, where Mr. Wen Shugang, President of the company, Mr. Zhang Zhiying, Executive Vice President of the company, Mr. Gong Dan, Chief Accountant of the Company, Mr. Ren Fangmin, Director of Marketing Department, Mr. Huang Yong, Director of the Board Office and Mr. Zeng Yi, Director of Financial Department presented at the meeting.

The relatively substantial downfall of the first quarterly results have attracted attentions from the Capital Market. Various investors of over 100 enthusiastically involved in the said meeting, including fund managers, analysts in and out of China.

The meeting was initiated by Mr. Wen Shugang, where he briefed the status quo of the industry and the company development, and expressed sincere gratitude to the constant concern and attention of the extensive investors towards the company. Later on, Mr. Gong Dan continue to brief the audience the comprehensive operational conditions of the company from the financial status, order structure, industry trends and so on. In between the Q&A session, overwhelming responses were heard and questions were raised from the aspects such as the order situation of the thermal power, high requirement of the gas power, development of the nuclear power, visage of the wind power, new order increasing rate, net profit tendency and so on.

In the first quarter of 2013, the company manufactured power generating equipments with capacity of 5,683.5MW, representing a decrease of 32% compared with the same period of last year; first quarterly revenue is RMB 8.345 billion, 13.34% down from the same period of last year; the net profit attributed to the shareholders of the company amounted to RMB 474 million, down 36.47% year-on-year and the earnings per share amounted to RMB 0.24. Although straitened circumstances were witnessed from the first quarterly results, the company is expected to embrace a steady and sustainable development in the long run with the economic propulsion and stabilized demand of the energy of the country.

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