Cheshi Technology Inc. provided preliminary unaudited consolidated group earnings guidance for the nine months ended 30 September 2022. For the period, the group expects to record a net profit/loss in the range of a net loss of approximately RMB 1 million to a net profit of approximately RMB 5 million for the Period as compared to the net profit of approximately RMB 26 million for the nine months ended 30 September 2021. The expected result was primarily attributable to the slower growth of the automotive advertising industry as a result of the global shortage of semiconductor chips and the COVID-19 pandemic; and the increase of overall operating expenses, which was mainly due to that the Group had continuously promoted the transformation of videolizition business and made overall arrangements for the mobility business.