Maoyan Entertainment provided group earnings guidance for the Year Ended December 31, 2022. The revenue of the Group for fiscal year 2022 is expected to range between approximately RMB 2,270 million and RMB 2,370 million, representing a decrease ranging from approximately 28.7% to 31.7% as compared to the revenue of the Group for the year ended December 31, 2021 of RMB 3,323.4 million; and the Group expects that the profit attributable to the owners of the Company for fiscal year 2022 will range between approximately RMB 70 million and RMB 120 million, representing a decrease of approximately 67.4% to 81.0% as compared with the profit attributable to the owners of the Company for fiscal year 2021 of approximately RMB 368.5 million.