CNNC International Limited provided earnings guidance for the year ended December 31, 2022. For the year, the Group is expected to record a significant increase in revenue and gross profit for the 2022 Year of not less than HKD 600 million and not less than HKD 80 million, respectively, as compared to the revenue and gross profit of the Group's continuing operations for the year ended 31st December, 2021 (the "2021 Year") of approximately HKD 280.6 million and approximately HKD 20.6 million, respectively. The expected significant increase in both revenue and gross profit of the Group for the 2022 Year is primarily attributable to the uranium trading business of the Group, where the trading volume increased from approximately 0.9 million pounds in the 2021 Year to approximately 4.5 million pounds in the 2022 Year.

As a result of the foregoing and the improvement of share of result of an associate in the 2022 Year as compared to the 2021 Year, the Group is expected to record an amount of net profit attributable to shareholders of not less than HKD 70 million for the 2022 Year after deducting all other expenses incurred, as compared to a net profit recorded for the 2021 Year of approximately HKD 2.4 million.