Fortune Sun (China) Holdings Limited provided consolidated earnings guidance for the fiscal year ended December 31, 2022. for the year, the Group expects to record a net loss attributable to owners of the Company of around RMB 14 million, as compared with a net loss of approximately RMB 2.9 million recorded for the year ended 31 December 2021. The increase in net loss attributable to the owners of the Company for the Year was mainly attributable to the significant decrease in revenue as compared to the year ended 31 December 2021, which was mainly resulted from the decline in demand from the primary property markets in the People's Republic of China as a result of the COVID-19 pandemic and the corresponding preventive and control measures imposed by the local government, including, among other things, lockdowns and travel restrictions in Shanghai and the nearby regions, which in turn affected business operations and local consumption during the Year.