LX Technology Group Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company expects to record a profit of not less than RMB90.0 million for the Year, as compared to a loss of approximately RMB448.7 million for the corresponding period in 2021. To the best knowledge of the Directors, the expected turnaround from loss to profit for the Year was mainly attributable to (1) the recognition of net fair value gain of financial liabilities at fair value through profit or loss ("FVTPL") of not less than RMB190.0 million during the Year as compared to fair value loss of financial liabilities at FVTPL of approximately RMB433.9 million for the corresponding period in 2021 and (2) the increase of revenue in the amount of not less than RMB300.0 million during the Year.