Bairong Inc. provided earnings guidance for the year ended December 31, 2022. The Company is expected to turn from loss to profit for the year ended December 31, 2022, recording a profit of approximately RMB 221 million to RMB 228 million. The Company is expected to record a non-IFRS adjusted profit of approximately RMB 286 million to RMB 293 million for the year ended December 31, 2022, representing an increase of approximately 103% to 108% as compared to the same period last year.