Shanghai Qingpu Fire-Fighting Equipment Co., Ltd. provided group earnings guidance for the ended 31 December 2022. For the year, The group is expecting to record profit attributable to owners of the Company ranging from approximately RMB 4,000,000 to RMB 7,000,000 for the Year as compared to the profit attributable to owners of the Company of approximately RMB 59,750,000 for the year ended 31 December 2021. The decrease was mainly due to there was a gain on surrender of investment properties under land resumption of RMB 53,827,000 for year ended 31 December 2021 whilst no such gain was recorded for the Year.