Qinqin Foodstuffs Group (Cayman) Company Limited provided earnings guidance for the year ended 31 December 2022. For the period, it is expected that the Group may record an increase in revenue of approximately RMB 97 million for the Reporting Period, representing an increase of 11% as compared to the year ended 31 December 2021 and the Group may record a consolidated net loss of approximately RMB1 million for the Reporting Period as compared to the consolidated net loss of approximately RMB81 million in the year ended 31 December 2021, with a significant reduction of net losses of approximately RMB 80 million.