Xinjiang Tianye Water Saving Irrigation System Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. The group is expected to record an estimated net loss of RMB 75,000,000 to RMB 90,000,000 for the year ended 31 December 2022, as compared to the net loss of approximately RMB 64,816,000 for the financial year ended 31 December 2021.