Longrun Tea Group Company Limited, Special/Extraordinary Shareholders Meeting, Apr 05, 2013., at 11:00 China Standard Time. Location: Unit 2201, 22/F., Bank of America Tower. Agenda: To consider the annual caps for the transactions contemplated under the purchase agreement for the three financial years ending March 31, 2014, March 31, 2015 and March 31, 2016 respectively be and are hereby approved.

Longrun Tea Group Company Limited announced unaudited consolidated cash flow results for the six months ended September 30, 2012. For the period, the company reported net cash flows from operating activities of HKD 8,015,000 compared to HKD 20,331,000 for the same period a year ago. During the period, the group acquired property, plant and equipment of HKD 18,320,000 compared to HKD 6,430,000 for the same period a year ago.

Longrun Tea Group Company Limited announced unaudited consolidated earnings results for the six months ended September 30, 2012. For the period, the company reported revenue of HKD 139,055,000 against HKD 206,578,000 a year ago. Loss before tax was HKD 1,758,000 against profit before tax of HKD 48,175,000 a year ago. Loss for the period was HKD 7,637,000 against profit for the period of HKD 32,193,000 a year ago. Loss attributable to owners of the company was HKD 3,714,000 or 0.26 cents per basic and diluted share against profit attributable to owners of the company of HKD 32,659,000 or 2.25 cents per basic and diluted share a year ago. The decrease in profit is mainly attributable to, in particular, the decrease in sales due to the continued downturn of the domestic economy of the PRC; and the increase in selling and distribution expenses for the business development of the Group's traditional tea business and trendy teahouse business.