China Automotive Interior Decoration Holdings Limited provided earnings guidance for the year ended 31 December 2022. The Group is expected to record a loss in the range of HKD 76.0 million to HKD 79.0 million for the year ended 31 December 2022, as compared to a net loss of approximately HKD 0.4 million for the corresponding period of 2021. The expected increase in net loss after tax of the Group for the year ended 31 December 2022 are primarily attributable to the fair value loss on financial assets at fair value through profit or loss of approximately RMB 20.3 million, allowance for expected credit losses on trade receivables of approximately RMB 28.9 million, and loss on disposal of property, plant and equipment of approximately RMB 10.0 million in connection with the relocation of production lines from Wuxi to Cangzhou and Chengdu during the period under review.