Yankuang Energy Group Company Limited provides earnings guidance for the first quarter ended 31 March 2022. The Company expects to realize the net profit that attributable to the shareholders of the listed company to about RMB 6,600 million in the first quarter of 2022, which will increase by RMB 4,349 million or with an increase of 193.20% compared with the data of the same period of the previous year. The Company expects that the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses is about RMB 6,561 million in the first quarter of 2022, which will increase by RMB 4,343 million or with an increase of 195.81% compared with the data of the same period of the previous year.

The significant growth of the Company's profit for the first quarter of 2022 as compared to the same period of last year is mainly due to Since 2022, the prices of the Company's major products have remained high due to the strong domestic demand and the continuous rise in energy prices in the international market. The Company has continued to promote lean management to hedge the impact of rising costs and expenses, and the Company's performance has improved significantly.