Beijing Jingkelong Company Limited provided consolidated earnings guidance for the nine months ended 30 September 2022. For the period, based on a preliminary review of the consolidated management accounts of the Group for the nine months ended 30 September 2022, the net loss attributable to the shareholders of the parent company for the nine months ended 30 September 2022 is expected to amount to between approximately RMB 58,000,000 to RMB 63,000,000, as compared to the unaudited net loss attributable to the shareholders of the parent company of RMB 4,033,000 for the nine months ended 30 September 2021. The Board considers that such increase in the net loss attributable to the shareholders of the parent company is mainly due to: (i) a one-off amortization of improvement expenses in the amount of approximately RMB 23,044,000 in connection with the Group's decision to cease rental of a premises from January 2022 which was mainly used for the operation of a supermarket; (ii) the loss on changes in fair value of the financial assets which have been held by the Company's non-wholly subsidiary since April 2018, in the amount of approximately RMB 35,366,000 for the nine months ended 30 September 2022 when compared to the loss on changes in fair value of such financial assets in the amount of approximately RMB 27,016,000 for the nine months ended 30 September 2021, due to the mark-to-market effect.