China Sanjiang Fine Chemicals Company Limited provided earnings guidance for the year ended 31 December 2021. The company expects its net profit attributable to equity holders for the year ended 31 December 2021 will decrease substantially by not more than 70% as compared to net profit attributable to equity holders of the Company for the year ended 31 December 2020. The expected decrease in net profit attributable to equity holders of the Company was primarily attributable to the fact that 1) the increase in feedstock costs as a result of the energy dual controls imposed by local authority during third quarter of 2021, which led to the increase in the pricing of coal and in turn, the increase in Methanol pricing and Methanol is one of major feedstocks; 2) the increase in energy cost also as a result of the energy dual controls imposed by local authority during third quarter of 2021, which led to the increase in the pricing of coal and in turn, the increase in energy costs; and 3) the decrease in production capacities of major products in certain extent as a result of the disruption of logistic for feedstocks procurement after the outbreak of the novel coronavirus global pandemic, which led to the delay and decrease in capacity in port loading for certain of feedstocks.