Maoye International Holdings Limited Provided consolidated earnings guidance for the year ended 31 December 2022. For the period, the Group is expected to record a net profit of approximately RMB 200 million to RMB 250 million, as compared to the net profit for the year ended 31 December 2021 of RMB 111 million. The expected increase in net profit of the Group for the Year 2022 is mainly attributable to the following factors: The Group recorded investment gain from converting investment in associates to financial assets, and gain on the relocation transaction of Chengdu North Railway Station; and the Group actively exercised cost control, optimized debt structure and improved operating efficiency.

During the Year 2022, the Group recorded a decrease in expense items including administrative expenses and financial expenses.