Reach New Holdings Limited provided earnings guidance for the three months ended March 31, 2022. For the period, the company expects to record a loss attributable to the owners of the Company for three months ended 31 March 2022 within the range of approximately RMB 2 million to RMB 4 million, as compared to a loss attributable to owners of the Company of approximately RMB 0.2 million for the three months ended 31 March 2021.