Xinyi Electric Storage Holdings Limited provided earnings guidance for the year ended 31 December 2021. For the year, the company expects the amount of the consolidated net profit attributable to owners of the Company to increase significantly by 200% to 230% to the range between HKD 59.8 million and HKD 65.7 million, as compared to the Net Profit of HKD 19.9 million for the year ended 31 December 2020.