Renrui Human Resources Technology Holdings Limited provided group earning guidance for the year ended 31 December 2022. The board of directors of the Company informed the shareholders of the Company and potential investors that following the preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2022 and the management's estimate based on the information currently available to the Board, the Group expects to record revenue of approximately RMB 3,400 million to RMB 3,800 million for the year ended 31 December 2022, representing a decrease of approximately 19.8% to 28.3% as compared to the revenue of approximately RMB 4,739 million for the year ended 31 December 2021, loss attributable to the equity holders of the Company of approximately RMB 5.0 million to RMB 13.0 million for the year ended 31
December 2022, as compared to the profit attributable to the equity holders of the Company of approximately RMB 102 million for the year ended 31 December 2021, and adjusted loss attributable to the equity holders of the Company of approximately RMB 0.5 million to RMB 6.5 million for the year ended 31 December 2022, as compared to the adjusted profit attributable to the equity holders of the Company of approximately RMB 108 million for the year ended 31 December 2021. In comparison, loss attributable to the equity holders of the Company and adjusted loss attributable to the equity holders of the Company was approximately RMB 25.4 million and RMB 23.2 million, respectively, for the six months ended 30 June 2022, indicating an improvement in the profit in the second half of 2022 as compared to that of the first half of 2022. The decrease in the Group's revenue and profit 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 on 15 January 2022 as disclosed in the announcements of the Company dated 30 June 2021, 7 July 2021 and 31 October 2021; and the decline in staffing demand from the clients and the difficulty faced by the Group in effectively arranging recruitment and other business activities for the clients due to social distancing and lockdown measures imposed in a number of cities in the PRC with a view to combatting COVID-19 pandemic in 2022, which measures have been gradually relaxed since the end of 2022. Facing the ever-changing environment, the Group will continue to actively implement its development plan focusing on key strategic areas, in particular information technology and digital talent services market, with a view to achieving long-term sustainable growth by leveraging its advantages in scale, efficiency and capabilities. The Board is positive in the long-term growth potential of the Group.