Beijing Jingkelong Company Limited provided consolidated earnings guidance for the six months ending 30 June 2022. For the period, the company expects the net loss attributable to the shareholders of the parent company for the six months ended 30 June 2022 is expected to amount to between approximately RMB 12,000,000 to RMB 15,000,000, as compared to the unaudited net profit attributable to the shareholders of the parent company of RMB 26,589,237 for the six months ended 30 June 2021. The Board considers that such loss is mainly due to: a one-off amortization of improvement expenses in the amount of approximately RMB 23,044,000 in connection with the Group's decision to cease rental of a premises from January 2022 which was mainly used for the operation of a supermarket; and the loss on changes in fair value of the financial assets which have been held by the Company's non-wholly subsidiary since April 2018, in the amount of approximately RMB 8,129,000 for the six months ended 30 June 2022 when compared to the gain on changes in fair value of such financial assets in the amount of approximately RMB 23,872,000 for the six months ended 30 June 2021, due to the mark-to-market effect.