Archosaur Games Inc. provided consolidated earnings guidance for the year ended December 31, 2022. For the year ended December 31, 2022, the company is expected to report an adjusted net loss for the period in the range of approximately RMB 720.0 million to RMB 750.0 million, while it recorded the adjusted net loss of approximately RMB 237.7 million for the year ended 31 December 2021 (the "Comparable Period"). The aforementioned increase in loss was primarily attributable to the following factors: the decrease in revenue due to the fact that: a new game published in mainland China in the first half of 2022 did not perform as well as expected; the postponement of obtaining the game publication number as scheduled for a game planned to be published in 2022 occurred leading to a delay in game launching; and the revenue from certain games that have been launched for a long time decreased, which is in line with the normal game lifecycles; the increase in labor costs resulting from increased expenses such as employees' remuneration paid to research and development and publishing personnel in 2022; and the Company recorded a loss on the fair value of financial instruments at fair value through profit or loss due to fluctuations in the global and PRC capital markets in 2022.