Kidztech Holdings Limited provided earnings guidance for the year ended December 31, 2022. The Group expects to record (i) a revenue of approximately RMB 169.4 million for the year ended 31 December 2022 (the "FY2022"), compared to the revenue of RMB 283.8 million
recorded for the year ended 31 December 2021, representing a decrease of approximately 40.3%; and (ii) a net loss of approximately RMB 77.4 million for financial year 2022, compared to a net profit of RMB 26.1 million recorded for financial year 2021, representing a decrease of approximately 396.6%.