Xiabuxiabu Catering Management (China) Holdings Co., Ltd. Provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the period, the Group is expected to record a revenue of approximately RMB 4.72 billion, representing an expected decrease of approximately 23.1% as compared to that of the year ended 31 December 2021. The Group is expected to record a net loss ranging from approximately RMB 320 million to RMB 340 million for the year ended 31 December 2022 as compared to a net loss of approximately RMB 283 million for the year ended 31 December 2021.