Ronshine China Holdings Limited provided earnings guidance for the year ended 31 December 2022. For the period, the company expected to record a net loss ranging from approximately RMB 11.0 billion to RMB 13.0 billion, and a net loss attributable to owners of Company ranging from approximately RMB 9.5 billion to RMB 11.5 billion for the year ended 31 December 2022, as compared with net profit of approximately RMB 1,727 million and profit for the year attributable to owners of the Company of approximately RMB 1,295 million for the year ended 31 December 2021.