Xiangxing International Holding Limited provides earnings guidance for the six months ended 30 June 2022. It is expected that the Group will record a decrease of approximately 50% in the Group's net profit for the Relevant Period as compared with the net profit of approximately RMB 13.2 million for the six months ended 30 June 2021. Such decrease was mainly attributable to: (1) decrease in revenue from the Group's building materials supply chain operation business in Chengdu City of the People's Republic of China during the Relevant Period as a result of the suspension of trading with those customers from which long outstanding trade receivables are due to the Group; and (2) increase in staff costs of the Group's intra-port related business.