China Development Bank International Investment Limited provided earning guidance for 2022. The board of directors of the Company informed the shareholders of the Company and potential investors that based on a preliminary review of the investment portfolio of the Company together with its subsidiaries (the "Group") as at 31 December 2022, the Group is expected to record a loss of not more than approximately HKD 471.6 million in the profit attributable to owners of the Company in 2022 as compared to a loss of approximately HKD 14.12 million in the profit attributable to owners of the Company for the same period in 2021. The related loss is mainly due to the net valuation loss on fair value of financial assets at fair value through profit or loss.

Due to the Company's business nature as an investment company, it is usual for the Company's investments to record significant fair value changes under different market conditions. The Company considers these changes could be temporary, and do not necessarily represent the final outcome of the relevant investments when they are disposed or matured. The Company will continue to seek good investment opportunities and the Board is confident that the Company will be able to achieve long-term sustainable returns for its Shareholders.