Chinese People Holdings Company Limited provided consolidated earnings guidance for the six months ended 30 June 2022. For the six months, Group's consolidated profit for the Period is expected to be decreased by not less than approximately RMB 84 million as compared to the corresponding period in 2021. Such significant decrease in expected consolidated profit for the Period is mainly attributable to the turnaround of joint ventures' performance from profit of approximately RMB 64 million for the corresponding period in 2021 and loss of approximately RMB 20 million for the Period.