Tianjin Jinran Public Utilities Company Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects to record a loss attributable to shareholders of the parent of approximately RMB 69 million, as compared with a profit attributable to shareholders of the parent of RMB 1.4 million for the year ended 31 December 2021, which is mainly attributable to (among others): the rise in the gas sourcing price of Jinran China Resources Gas Co., Ltd, the upstream gas source entity, due to the impact of the rise in global natural gas price; and a fall in the gas amount sold, reflecting a reduced gas demand by users caused by the impact of the pandemic.