China Baoli Technologies Holdings Limited provided profit guidance for the year ended 31 March 2022 . The company reported that it is expected that the Company may record a profit
attributable to owners of the Company of not less than HKD 80 million for the Annual Period as compared to a loss attributable to owners of the Company of approximately HKD 111.4 million
for the corresponding period in 2021. The Board believes that the expected profit for the Annual Period is primarily attributable to (i) a gain on deconsolidation of a subsidiary; and (ii)
a gain on disposal of a subsidiary.