China Cinda Asset Management Co., Ltd. provided earnings guidance for the six months ended June 30, 2022. For the period, the company expected that the net profit attributable to equity holders of the Company for the six months ended June 30, 2022 will decrease by approximately 30% to 35% as compared to the corresponding period in 2021. The Company believes that the above changes are mainly due to the fact that the quality of certain financial assets measured at amortised cost held by the Company is under greater pressure due to the impact of changes in macroeconomic situation and market environment, thus the Company has increased the provision for credit risk.