China Weaving Materials Holdings Limited provided consolidated earnings guidance for the six months ending 30 June 2022. For the period, it is expected that the Group may record a substantial decrease in its consolidated net profit for the six months ending 30 June 2022 as compared to that for the six months ended 30 June 2021. The consolidated revenue and consolidated net profit for the six months ended 30 June 2021 was approximately RMB 768 million and RMB 104 million respectively.