MOBI Development Co., Ltd. provided group earnings guidance for the six months ended 30 June 2023. For the period, the company expects net loss of the Group is in the range from approximately RMB 3.3 million to approximately RMB 3.9 million, as compared to the net loss of approximately RMB 53.04 million in the same period of 2022. The significant reduction in loss is expected to exceed 90%.