Yangzhou Guangling District Taihe Rural Micro-finance Company Limited provides earnings guidance for the six months ended 30 June 2022. The Group is expected to record a loss after tax ranging from approximately RMB2.5 million to RMB4.5 million for the six months ended 30 June 2022, as compared with the profit after tax of approximately RMB14.8 million for the six months ended 30 June 2021. The decrease in profit was primarily attributable to the ongoing impact of the novel coronavirus outbreak on the local economy in the first half of 2022, which resulted in the increase in loan impairment losses on the Company's loan business, and the increase in expansion and promotion expenses of its subsidiaries businesses.