Shengli Oil & Gas Pipe Holdings Limited provided earnings guidance for the Year Ended 31 December 2022. For the period, the Group is expected to record a decrease in loss attributable to owners of the Company to not more than RMB40,000,000 in FY2022, as compared with the loss attributable to owners of the Company of approximately RMB 260,719,000 for the year ended 31 December 2021.