China Ruyi Holdings Limited provided group earnings guidance for the year ended December 31, 2022. The board of directors of the company notify the shareholders and potential investors of the company that, based on the information currently available to the management, the Group is expected to record an unaudited net profit for the year ended 31 December 2022 of approximately RMB 780-790 million, representing a decrease of approximately 33-34% as compared to approximately RMB 1,174 million for the same period of 2021. The Group is expected to record an adjusted net profit (which is not Hong Kong Financial Reporting Standards measure) of approximately RMB 250-260 million for fiscal year 2022, representing a decrease of approximately 45-47% as compared to approximately RMB 470 million for the same period of 2021.