Jiu Rong Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2022. Based on a preliminary assessment on the unaudited consolidated management accounts of the Group, the board of directors of the Company wishes to inform the shareholders of the Company and potential investors that the Group is expected to record a loss attributable to owners of the Company for the six months ended 30 June 2022 as compared to the net profit attributable to owners of the Company for the corresponding period in 2021, which was mainly caused by fair value loss of securities investments of approximately HKD 27,800,000. As the results for the six months ended 30 June 2022 have not been finalized, the information contained in this announcement is only a preliminary assessment by the Board based on information currently available including the unaudited consolidated management accounts of the Group for the six months ended 30 June 2022.