Duiba Group Limited provided consolidated earnings guidance for the year ended December 31, 2022. The board of directors of the company informed the shareholders and potential investors of the company that, based on the company's preliminary assessment of the Group's unaudited consolidated management accounts for the year ended 31 December 2022 and latest information currently available to the Board, the Group is expected to record (i) the revenue of approximately RMB 1.6 billion for the year ended 31 December 2022 (2021: approximately RMB 1.3 billion); (ii) an adjusted loss1 for the Year in the range of approximately RMB 26 million to RMB 46 million (2021: an adjusted profit for the Year of approximately RMB 12.0 million); and (iii) a loss attributable to owners of the parent company in the range of approximately RMB 40 million to RMB 60 million for the Year (2021: a loss attributable to owners of the parent company of approximately RMB 11.8 million).