According to the announcement of Xingkong Huawen (06698) on the Zhitong Finance APP, the group expects to achieve revenue of approximately RMB 68.6 million to approximately RMB 73.6 million for the six months ended June 30, 2024 (compared to revenue of approximately RMB 1.44 billion in the same period in 2023), and to incur a net loss of approximately RMB 53.5 million to approximately RMB 58.5 million for the six months ended June 30, 2024 (compared to a net loss of RMB 17.2 million in the same period in 2023).

The expected increase in net loss for the six months ended June 30, 2024 is consistent with the expected decrease in revenue, mainly due to the decrease in the number of variety shows compared to the same period last year.