Anton Oilfield Services Group provided earnings guidance for the year ended 31 December 2022. For the year, the company expected profit attributable to equity holders will range from approximately RMB 270.0 million to RMB 320.0 million, representing a significant increase of between 2.7 times and 3.4 times as compared with the same period in 2021. The growth is mainly attributable to: (i) a recovery in the industry as a result of oil companies increasing production capacity to cope with the tight global oil and gas supply in 2022; (ii) the full resumption of operation in mid-2022 of the overseas projects of the Group that were previously suspended due to the pandemic, contributing to the increase in profits; (iii) the Group continued to implement refined financial management, and adopted the Amoeba Management and the OKR work methods, etc., which continuously improved its operational and management efficiency; (iv) the Group continued to actively manage its debts to lower its overall finance costs, and in 2022, on the basis of the bond market situation, the Group proactively partially repurchased the bonds due in 2022 from the secondary market, earning gains from the repurchase.