Chuanglian Holdings Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects to record a consolidated profit attributable to owners of the Company of not more than approximately RMB 15,000,000, as compared to a consolidated profit attributable to owners of the Company of approximately RMB 33,011,000 for the year ended 31 December 2021. Such decrement was primarily attributable to (i) loss on disposal of subsidiaries of approximately RMB 14,000,000, which is one-off and non-cash in nature; and (ii) loss of fair value in digital assets of approximately RMB 7,000,000.