Beisen Holding Limited provided earning guidance for the year ended March 31, 2024, based on the information currently available to the Company, the Group is expected to record: revenue in the range of approximately RMB 837.3 million to approximately RMB 878.6 million for the year ended March 31, 2024, representing an increase of approximately 11.5%­ to 17.0%, as compared to the revenue of approximately RMB 750.9 million for the year ended March 31, 2023; an annual recurring revenue in the range of approximately RMB 747.4 million to approximately RMB 766.9 million for the FY2024, representing an increase of approximately 15.0%­ to 18.0%, as compared to the ARR of approximately RMB 649.9 million for the FY2023; a subscription revenue retention rate expected to achieve approximately 105.0%­ to 107.0% for the FY2024; and (iv) a loss attributable to the owners of the Company in the range of approximately RMB 3,043.3 million to approximately RMB 3,363.7 million for the FY2024, as compared to a loss attributable to the owners of the Company of approximately RMB 2,599.0 million for the FY2023. The increase in loss attributable to the owners of the Company was mainly due to the increase in loss from changes in fair value of the Company's redeemable convertible preferred shares and the increase in share-based payments in the range of approximately RMB 742.7 million to approximately RMB 866.8 million.