China Risun Group Limited provided consolidated earnings guidance for the year ended December 31, 2021. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended December 31, 2021 (the "Current Year"), the performance of coke and refined chemicals manufacturing businesses is substantially better than that for the year ended December 31, 2020 (the "Previous Year"). The Group is expecting to record an increase in net profit by over 50% for the Current Year as compared with that for the Previous Year.

Such increase was mainly due to: maintaining at the level of over 11 million tons of coke and refined chemicals production/processing volume; widening the price spread of the coke products and successful acquisition of 100% of Shunri Xinze.