China Hanking Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2021. The group is expected to record a significant increase of approximately 90% in its profit for the period for the first half of 2021 as compared to the profit for the period of RMB 170,303,000 for the six months ended 30 June 2020. The significant increase in profit for the period was mainly attributable to the substantial increase in the output and sales volume of high-purity iron after its acquisition last year, the increase in the gross profit of high- purity iron per metric ton and the increase in the gross profit of iron ore concentrates per metric ton due to the rise in the average selling price.