Maoyan Entertainment provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2023. For the year, the group expected revenue to be in the range between approximately RMB 4,700 million and RMB 4,800 million, which represents an increase of approximately 102.6% to 106.9% as compared to the revenue of the Group for the year ended December 31, 2022 ("FY2022") of RMB 2,319.5 million; and the Group expects to record a profit attributable to the owners of the Company for FY2023 ranging between approximately RMB 880 million and RMB 930 million, which represents an increase of approximately 739.7% to 787.4% as compared to the profit attributable to the owners of the Company for FY2022 of RMB 104.8 million.