Helens International Holdings Company Limited provided preliminary unaudited earnings guidance for the year ended December 31, 2023. For the period, the group is expected that (i) the revenue of the Group will be within a range from approximately RMB 1.17 billion to RMB 1.22 billion for the year ended December 31, 2023, representing a decrease from the revenue of approximately RMB1.56 billion of the Group for the year ended December 31, 2022, which is mainly due to the Company's strategic transformation to a platform-based company and asset-light model by proactively adjusting its Self-operated bars network and vigorously developing its "HiBeer Partnership" bars network in order to adapt to changes in the economic environment; (ii) the Group will record a profit for the year attributable to owners of the Company for the year ended December 31, 2023 in a range of approximately RMB 0.16 billion to RMB 0.21 billion, as compared to the loss for the year attributable to owners of the Company for the year ended December 31, 2022 of approximately RMB 1.60 billion; and (iii) the adjusted net profit of the Group, which is a non-HKFRS measure, for the year ended December 31, 2023, will be within a range from approximately RMB 0.27 billion to RMB 0.30 billion, as compared with the adjusted net loss of the Group for the year ended December 31, 2022 of approximately RMB 0.24 billion. The expected net profit for 2023 is mainly attributable to the gradual rebound of customer flow in bars as the dynamic-zero COVID-19 measures were lifted, the improvement in operating performance of stores and the optimization of efficiency as a result of refined management.