Zhou Hei Ya International Holdings Company Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2022. For the period, the group expected that the net profit would be no less than RMB 20 million, as compared with that of RMB 342.4 million for the year ended December 31, 2021, and the total revenue is expected to decrease by around 20%, as compared with that of RMB 2,870.0 million for the year ended December 31, 2021. Such decrease was primarily because (i) the customer flow decreased significantly due to the continued resurgence of COVID-19 pandemic in China in 2022, and in accordance with the COVID-19 pandemic prevention and control requirements, some stores of the Group experienced temporary closure during the Reporting Period, which had some impact on the sales and profit of the Group; (ii) the cost pressure increased due to an increase in prices of raw materials; and (iii) an increase in exchange losses due to the fluctuation in exchange rates greatly impacted the profit of the Group.