The board (the "Board") of directors (the "Directors") of the Ronshine Service Holding Co. Ltd. shareholders of the Company ("Shareholders") and potential investors of the Company that, based on the preliminary review of the Group's unaudited management accounts for the year ended 31 December 2022 (the "Period") and information currently available, the Group is expected to record a net profit for the Period of approximately RMB 10 million to approximately RMB 20 million, as compared to a net profit of approximately RMB 120 million for the year ended 31 December 2021.