Chongqing Iron & Steel Company Limited provided earnings guidance for the six months ended June 30, 2022. The Company expects that the net profit attributable to the shareholders in the first half of 2022 is RMB 510.00 million, representing a decrease of approximately RMB 2,187.04 million or year-on-year decrease of approximately 81.09% as compared with that of the corresponding period of the previous year and the net profit excluding non-recurring gains or losses attributable to shareholders is RMB 540.00 million, representing a decrease of approximately RMB 2,294.48 million or year-on-year decrease of approximately 80.95% as compared with that of the corresponding period of the previous year.