Bao Shen Holdings Limited announced that based on the preliminary assessment of the Group's unaudited consolidated management accounts made available to the Board, the loss attributable to the owners of the Company for the year ended 31 December 2022 ("FY2022") is expected to be not less than RMB 7.4 million, as compared to the loss attributable to the owners of the Company of approximately RMB 3.7 million for the year ended 31 December 2021 ("FY2021").