Anchun International Holdings Ltd. provided unaudited consolidated earnings guidance for the second half and full year ending 31 December 2021. Based on a preliminary review of the Group's unaudited management accounts, the Group expects to report a loss in second half 2021 and full year 2021, mainly due to higher research and development expenses in relation to the new structural design for internal vessel of CO (carbon monoxide) shift reactor. The Group is in the process of finalizing its unaudited consolidated financial results for the second half 2021 and full year 2021.

The aforementioned is only a preliminary assessment based on information currently available. Further details of the Group's financial performance will be disclosed when the Company announces its unaudited consolidated financial statements for second half 2021 and full year 2021.