China Daye Non-Ferrous Metals Mining Limited provided earnings guidance for the year ended 31 December 2022. For the period, the Board considers that the anticipated significant decrease in profit of the Group for year ended 31 December 2022 is mainly attributable to the fact that under the influence of environmental inspections, the subsidiaries of the Company, Fengshan Copper Mine, temporarily suspended production for rectification and low-load production such as Sareke Copper Mine, resulting in a decline in the output of self-owned mines and a decline in profitability. In view of the above, the Board expects that the revenue for the year ended 31 December 2022 amounted to approximately RMB 33,658,516,000 (2021: RMB 35,677,656,000), representing a year-on-year decrease of approximately 5.66%.

Loss for the year was approximately RMB 6,416,000 (2021: profit of RMB 336,576,000), representing a year-on year decrease of profit RMB 342,992,000.