Tianjin Jinran Public Utilities Company Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the expects to record a total comprehensive income attributable to shareholders of the parent of approximately RMB 1.77 million, as compared to a loss in the total comprehensive income attributable to shareholders of the parent of approximately RMB 6.80 million for the six months ended 30 June 2021, which is mainly due to: the Company has been actively increasing its efforts in expanding its market, resulting in an increase in its revenue from gas connection in the first half of 2022 comparing to that of the same period in the previous year; further improvement of the plan in using idle funds in the first half of 2022. Through entering into of deposit agreements with various banks, the return of capital increases, resulting in an increase in interest income compared to that of the same period in the previous year; and the profitability of Tianjin Binhai Gas Co.

Ltd., a company in which the Group holds equity interests) for the first half of 2022 improved, leading to an increase in the income from long-term equity investments.