Chen Lin Education Group Holdings Limited provided earnings guidance for the year ended 31 August 2022. The Group is expected to record a loss for the year within a range of approximately RMB 37 million to RMB 40 million for the current annual period, as compared with the pro forma net profit for the year of approximately RMB 62.8 million for the year ended 31 August 2021 (the ``previous annual period''). The expected loss is mainly attributable to (i) a fair value loss on financial assets at fair value through profit or loss of approximately RMB 43 million in relation to the Group's investment in the shares of Sinic Holdings (Group) Company Limited.