Dafeng Port Heshun Technology Company Limited provided earnings guidance for the quarter ended March 31, 2022. For the year, the company expected to record a loss of approximately HKD 22.7 million. This was mainly due to a decrease of revenue by approximately HKD 203.6 million, approximately 79.2% compared with the corresponding period in 2021, attributable to the fifth wave of community outbreak precipitated by the Omicron variant and a rapid surge of infected cases in Hong Kong in early 2022, had a material negative impact on cross-border transport and logistics, which Hong Kong accounted for over 98% of electronic and other products in the Group's trading segment; and the appreciation in Renminbi against United States Dollars had an adverse impact on trading business segment as import and export trades are mainly denominated in United Stated Dollars and the appreciation of Renminbi has heavily affected the trading transaction volume and in turn affected the trading business environment of the Group.