The board of directors of iDreamSky Technology Holdings Limited announced that based on the preliminary assessment and analysis of the Group's current unaudited consolidated management accounts for the year ended December 31, 2022 ("FY2022") and the information currently available to the Board, the Group is expected to record a net loss (the "Expected Net Loss") of approximately RMB 2.4 billion to RMB 2.6 billion for FY2022 as compared to a net loss of approximately RMB 156 million for the year ended December 31, 2021, while the Group is expected to record a revenue of approximately RMB 2.7 billion to RMB 2.8 billion for FY2022.