Changmao Biochemical Engineering Company Limited provided consolidated earnings guidance for the six months ended June 30, 2022. For the period, the company is likely to record a consolidated net profit attributable to the equity holders of the Company for 1H2022 of an amount ranging between RMB 35 million to RMB 45 million, represent a significant increase compared to the consolidated net profit attributable to the equity holders of the Company of approximately RMB 0.24 million for the six months ended 30 June 2021.