Global New Material International Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2022. The company announced that the amount of the consolidated net profit attributable to the owners of the company for the year ended 31 December 2022 is expected to increase by approximately 35.8% to approximately RMB 220.0 million, as compared to the net profit of RMB 162.0 million for the year ended 31 December 2021.