Changan Minsheng APLL Logistics Co., Ltd. provided financial guidance or the six months ended 30 June 2022. The company expected to record a profit before tax in the region between RMB 27,500,000 to RMB 32,500,000 (the profit before tax was RMB 24,198,000 for the same period in 2021) for the six months ended 30 June 2022. The Board considers that the increase in revenue and profit before tax was mainly attributable to (i) an active market expansion of non-automobile logistics and automobile ecology adopted by the Group with some success; and (ii) a more stringent cost and expense control through the Group's vigorous technology innovation and model innovation and persistent effort in cost leadership project.