Shanghai Dazhong Public Utilities(Group) Co.,Ltd. provided earnings guidance for the six months ended June 30, 2022. The board of directors of the Company hereby announces that, it is estimated that the Company will record unaudited net profit attributable to the owners of the parent company of between RMB 215,000,000 to RMB 151,000,000 for the six months from 1 January to 30 June 2022 and it is estimated that the Company will record net profit attributable to the owners of the parent company, net of non-recurring gains and losses of between RMB 95,000,000 to RMB 31,000,000 for first half of 2022. The company's unaudited net profit attributable to the owners of the parent company for the corresponding period of 2021 amounted to RMB 216,850,800; net profit attributable to the owners of the parent company, net of non-recurring gains and losses amounted to RMB 210,900,700; and earnings per share amounted to RMB 0.073448.

The Company is expected to incur loss in net profit for first half of 2022.