Nanjing Sinolife United Company Limited provided earning guidance for year ended 31 December 2023. The board of directors informed the shareholders of the Company and potential investors that, based on a review of the Group's unaudited consolidated management accounts for the year ended 31 December 2023, the Group is expected to record a net profit of approximately RMB 45.0 million to RMB 55.0 million, as compared to a net loss of approximately RMB 14.2 million for the year ended 31 December 2022. Such net profit was mainly attributable to the significant increase in sales revenue derived from both online and offline sales channel during the year ended 31
December 2023.