Lvji Technology Holdings Inc. provided group earnings guidance for the year ended December 31, 2022. The company announced that, based on a preliminary review of the unaudited consolidated management accounts of the group for the year ended December 31, 2022 and an assessment of the information currently available to the board, the group is expected to record a net profit of not less than approximately RMB 37.5 million for the Period as compared to a net loss of approximately RMB 549.6 million for the year ended December 31, 2021. The improvement in the financial performance of the Group in terms of net profit for the year ended December 31, 2022 as compared to the year ended December 31, 2021 was mainly due to the gradual lifting of restrictions on domestic travel and recovery of the tourism industry in China, resulting in an increase in the sales of online tour guide products by the Group as compared to 2021; and the implementation of various budget-control policies, which facilitated the operational efficiency of the Group by keeping the selling and distribution expenses and administrative expenses at a relatively low level.