China Technology Industry Group Limited provided group earnings guidance for the year ended 31 March 2022. For the year, the group is expected to record a revenue of approximately RMB 72.2 million, representing a decrease in revenue of approximately 73.9% as compared with the revenue of approximately RMB 276.9 million for the year ended 31 March 2021. The gross profit margin dropped from approximately 18.9% for Fiscal Year 2021 to approximately 18.2% for Fiscal Year 2022.

As a result, it is expected that the Group will record a loss attributable to the owners of the Company for Fiscal Year 2022 of approximately RMB 4.7 million, as compared to a profit attributable to owners of the Company for Fiscal Year 2021 of approximately RMB 69.0 million.