The Board of China Taifeng Beddings Holdings Limited has recommended the payment of a final dividend of RMB 0.052 per share for the year ended December 31, 2012. The proposed dividend payments are subject to approval by the shareholders of the company at the annual general meeting to be held on June 21, 2013 and are payable in Hong Kong Dollars based on the official exchange rate of Renminbi against Hong Kong Dollars as quoted by the People's Bank of China on July 19, 2013. Upon shareholders' approval, the proposed final dividends will be paid on or around July 26, 2013 to shareholders whose names shall appear on the register of members of the company on July 11, 2013.

China Taifeng Beddings Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of RMB 2,401,049,000 against RMB 2,152,167,000 a year ago. Profit before taxation was RMB 755,727,000 against RMB 636,984,000 a year ago. Profit and total comprehensive income for the year attributable to owners of the company was RMB 518,076,000 against RMB 440,103,000 a year ago. Basic earnings per share were RMB 0.518 against RMB 0.440 a year ago. Net cash from operating activities was RMB 548,830,000 against RMB 287,469,000 a year ago. Capital expenditure in respect of the acquisition of land use rights and buildings contracted for but not provided in the consolidated financial statements was RMB 6,880,000 against RMB 6,880,000 a year ago. In 2013, northern China will remain as the focus of the expansion of company’s distribution channels. Its marketing team will make extra efforts to attract distributors, especially through large or small regional investment fairs, in order to achieve its expansion goal of setting up 350 new stores. The company will also establish model stores in the region. The company plans to gradually increase the proportion of franchisees while reducing the proportion of its directly operated shops and counters in its business profile. Investment in electronic business platforms will also be enlarged so as to enter nation-wide e-commerce.

On January 25, 2013, International Taifeng Holdings Limited changed its name to China Taifeng Beddings Holdings Limited.