Lonking Holdings Limited provides earnings guidance for the year ended 31 December 2021. The Group expects to record a significant decline in its net profit for the year ended 31 December 2021, as compared to the corresponding period in the previous year. The decrease in net profit in this year is mainly due to (i) The increase in the costs of primary raw materials such as steel and tires has led to a year-on-year decrease in the comprehensive gross profit margin of products; (ii) the year-on-year decrease in the investment income of financial assets.