Reach New Holdings Limited provided earnings forecast for the year ended 31 December 2022. For the period, the group is expected to record a loss attributable to the owners of the company for fiscal year 2022 within the range of approximately RMB 5.0 million to RMB 7.0 million, as compared to a loss attributable to owners of the company of approximately RMB 1.4 million for the year ended 31 December 2021.