TI Cloud Inc. provided preliminary unaudited consolidated group earnings guidance for the six months ended June 30, 2022. For the period, the group expects to record a net loss attributable to ordinary equity holders of the Company in the range of approximately RMB 3.5 million to RMB 3.8 million for the Reporting Period as compared to a net profit attributable to ordinary equity holders of the Company of approximately RMB 16.2 million for the six months ended June 30, 2021 (the Corresponding Period). Based on the information currently available, the Board believes that the net loss attributable to ordinary equity holders of the Company during the Reporting Period was primarily due to: a substantial amount of listing expenses as a result of the listing of the Group on the Main Board of The Stock Exchange of Hong Kong Limited in June 2022; an increase in research and development expenses of more than 50% for the Reporting Period as compared to the Corresponding Period, which was primarily attributable to an increase in employee benefit expenses as a result of an increase in research and development headcount; and an increase in selling and distribution expenses of more than 20% for the Reporting Period as compared to the Corresponding Period, which was primarily driven by an increase in employee benefit expenses as a result of an increase in sales and marketing staff headcount, and an increase in promotion and advertising expenses as a result of increased online and offline advertising activities.