Tiande Chemical Holdings Limited provided Group earnings guidance for the six months period ended 30 June 2021. The Group expects the profit attributable to owners of the Company for the six months period ended 30 June 2021 will be approximately RMB100.0 million, representing an increase of 108.3% as compared with the corresponding period in 2020 (six months period ended 30 June 2020: approximately RMB48.0 million). As far as the Board is aware, the improvement is primarily attributable to (i) the change of external factors affecting the equilibrium of the market demand and supply of certain products of the Group, which then led to a fair increase of the selling price and sales volume of these products as compared with that of the corresponding period in 2020; and (ii) the containment of the Group's production costs as a result of the consolidation of production activities, which further enhanced the overall productivity and efficiency.