Fenbi Ltd. provided group earnings guidance for the year ended December 31, 2023. For the year, the group is expected to record revenue of not less than RMB 3,000.0 million as compared to revenue of approximately RMB 2,810.4 million for the year ended December 31, 2022, and a net profit attributable to shareholders of the Company of not less than RMB 166.0 million as compared to a net loss of approximately RMB 2,087.3 million for the year ended December 31, 2022.