Renrui Human Resources Technology Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2022. The Group expects to record (i) revenue of RMB 1,700 million to RMB 1,800 million for 2022 Interim Period, representing a decrease of approximately 20.1% to 15.4% as compared to the revenue of approximately RMB 2,128 million for the six months ended 30 June 2021 ("2021 Interim Period"), (ii) net loss of approximately RMB20.0 million to RMB 28.0 million for 2022 Interim Period, representing a decrease of approximately RMB 95.0 million to RMB 103.0 million as compared to the net profit of approximately RMB 75 million for 2021 Interim Period, and (iii) adjusted net loss (Note 1) of approximately RMB 18.0 million to RMB 26.0 million for 2022 Interim Period, representing a decrease of approximately RMB 99.0 million to RMB 107.0 million as compared to the adjusted net profit (Note 1) of approximately RMB 81 million for 2021 Interim Period. The decrease in the Group's revenue was primarily attributable to the expiry of the term of the information verification and client service representative flexible staffing services provided by the Group to a major customer (the "Relevant Services") on 15 January 2022 as disclosed in the announcements of the Company dated 30 June 2021, 7 July 2021 and 31 October 2021.

Without taking into account the revenue generated from the Relevant Services, the Group's revenue for 2022 Interim Period is expected to be approximately RMB 1,600 million to RMB 1,700 million, representing an increase of approximately 26.5% to 34.4% as compared to the revenue of RMB 1,265 million for 2021 Interim Period.