Value Convergence Holdings Limited provided earning guidance for the year ended 31 December 2022. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that the Group is expected to record a loss attributable to owners of the Company of no less than approximately HKD 170 million for the year ended 31 December 2022 as compared to a profit attributable to owners of the Company of approximately HKD 15 million for the year ended 31 December 2021. The main reasons of the changes during the year are: decrease in revenue of approximately HKD 17 million compared to same period last year; and net realized and unrealized loss in financial assets at fair value through profit or loss of approximately HKD 172 million against net realized and unrealized gain of approximately HKD 33 million for same period last year; partially offset by gain on acquisition of financial assets at fair value through profit or loss of approximately HKD 9 million for the year ended 31 December 2022; and further partially offset by absence of loss from discontinued operation which was approximately HKD 14 million incurred during the year ended 31 December 2021.