Tsaker Chemical Group Limited provides earning guidance for the year ended 31 December 2021. The net profit of the Group for the Reporting Period is expected to be not less than RMB 220.0 million, which would represent a significant increase by not less than RMB 75.4 million or 52.1% as compared with that of approximately RMB 144.6 million for the year ended 31 December 2020. Such increase was mainly attributable to (i) the increase in sales volume of dye intermediates and pigment intermediates during the Reporting Period due to the increase in market demand and the reduced impact of COVID-19 on production suspension; and (ii) the Group's completion of the upgrading of its production line for iron phosphate (a battery material) in June 2021, and such iron phosphate has been gradually mass- produced, coupled with the strong market demand, the production, sales volumes and market price of iron phosphate products increased significantly, which led to the increase in revenue and gross profit of the Group during the Reporting Period.