Stock Code: 002607                     Stock Abbr.: OFFCN EDU                        No.: 2023-012



                  OFFCN EDUCATION TECHNOLOGY CO., LTD.
                                 Performance Estimate for 2022

The Company and all the directors confirm that the information disclosed is true, accurate, complete and with
no false recording, misleading statement or material omission.

The Company’s Performance Estimate for 2022 is prepared and published in Chinese version, and the English
version is for reference only. Should there be any inconsistency between the Chinese version and English
version, the Chinese version shall prevail.


I. Performance Estimate

1. Estimate period:

  January 1, 2022 - December 31, 2022

2. Estimated performance: Decrease compared with the last period

           Item                          Current reporting period              Same period of last year

 Net profit attributable to      Losses: RMB 900 million - RMB 1,200           Losses: RMB 2,369.5090
 the shareholders of the
                                               million                                  million
     listed Company

 Net profit after deducting      Losses: RMB 920 million - RMB 1,220           Losses: RMB 2,485.6305
 non-recurring gains and
                                               million                                  million
           losses

 Basic earnings per share        Losses: RMB 0.15 / share - RMB 0.19 /
                                                                               Losses: RMB 0.38 / share
       (RMB/share)                              share




II. Pre-audit of the estimated performance

The Company has pre-communicated with the accounting firm on the major matters related to the
estimated performance. There are no significant differences between the Company and the
accounting firm on the estimated performance of this reporting period. The estimated result above is
only preliminary calculation performed by the financial department of the Company. It has not been
pre-audited nor reviewed by certified accountants.


                                                       1
III. Statement for performance variation

During the reporting period, the net profit attributable to the shareholders of the Company in 2022 is
estimated to be a loss of RMB 900 million to RMB 1,200 million, a decrease of 62.02% to 49.36%
compared with the loss of RMB 2,369.5090 million in 2021. The significant reduction in the
Company’s operating losses in 2022 mainly attributed to a better control of costs.

During the reporting period, the Company's management team actively rectified the problems in
business operation over the past year, made up for the deficiencies in management, improved budget
work and fully performed the 2022 business boost plan. By taking some measures, including overall
adjustment of product structure, internal optimization of cost reduction and efficiency enhancement,
Amoeba business reform and accelerated integration of online and offline business, the Company
managed to better control its costs.

IV. Other Remarks

The estimated result above is only preliminary calculation performed by the financial department of
the Company. For the specific financial information, please refer to the Annual Report 2022, which
to be duly disclosed by the Company. Investors are reminded to exercise caution when making
investment decisions.



Hereby announced.



                                   The Board of Directors of OFFCN Education Technology Co., Ltd.

                                                                                      January 30, 2023