Fosun International Limited provided preliminary unaudited consolidated group earnings guidance for the year ended 31 December 2022. For the year, the group expects revenue of the Company to increase by approximately 10% as compared to the revenue of RMB 161,291 million for the year ended 31 December 2021, the profit attributable to owners of the parent of the Company for the 2022 Financial Year is expected to decrease and record an amount not more than approximately RMB 2,000 million as compared to that in the 2021 Financial Year, details of which are set out below. Despite it is expected that the revenue of the Company will increase and the Company will record profit attributable to owners of the parent for the 2022 Financial Year, the Company's profit attributable to owners of the parent for the 2022 Financial Year is expected to decrease by not less than approximately 80% as compared to that in the 2021 Financial Year, being not more than approximately RMB 2,000 million, as compared to RMB 10,090 million for the 2021 Financial Year.

This was attributable to the recurrent outbreak of COVID-19 pandemic in 2022 and the turmoil and downturn of the international capital markets, resulting in high business costs and an increase in floating losses in secondary capital market investment, which affected the Group's overall industry operations and industrial investment to varying degrees. With the gradual return to normalization of international trade and commerce in 2023, the Company's management expects to see recovery of its businesses. Looking ahead, the Company will further focus on the family-oriented consumer industry and continue to strengthen its global operations to provide quality products and services to families worldwide.