Shanghai International Shanghai Growth Investment Limited provided earnings guidance for the six months ended June 30, 2022. For the period, the company expected to record an unaudited net loss of approximately $0.61 million as compared to an unaudited net loss of approximately $0.32 million for the corresponding period in 2021. Such estimated increase in net losses are mainly attributable to net losses and changes in fair value of financial assets at fair value through profit or loss, which are not sufficient to cover the operating costs for the period ended June 30, 2022.