China Sanjiang Fine Chemicals Company Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. For the period, the company expects net profit attributable to equity holders of more than RMB20 million for the six months ended 30 June 2023 while the Group reported a net loss attributable to equity holders of approximately RMB63 million for the six months ended 30 June 2022. The expected increase in net profit attributable to equity holders of the Company was primarily attributable to the inclusion of one-off items derived from the fact that:- 1) Lotte Chemical Corporation, the joint venture partner of joint operation between the Group and Lotte Chemical Corporation (``Joint Operation''), agreed to bear and repay the 50% bank loan amounted to approximately RMB115 million of the Joint Operation for the Group; and 2) Lotte Chemical Corporation agreed to transfer its 50% equity interest in the Joint Operation with net asset value amounted to approximately RMB85 million to the Group at zero consideration.