Yunnan Energy International Co. Limited provided group earnings guidance for the year ended 31 December 2022. The board of directors of the Company informed the shareholders of the Company and the potential investors that, based on the information currently available and a preliminary assessment of the latest unaudited consolidated management accounts of the Group for the year ended 31 December 2022 (the "Current Year"), it is expected that the net loss of the Group for the Current Year will decrease by more than 50% when compared with that of HKD 27.0 million for the year ended 31 December 2021 Based on the analysis of the information currently available, such significant decrease in the net loss for the Current Year was mainly due to (i) the increase in both the revenue and the corresponding gross profit of the supply chain business; (ii) the absence of provision for inventories; and (iii) the decrease in charges for warehouse storage and logistic services which were recorded in the Prior Year.