51 Credit Card Inc. provided consolidated earnings guidance for the six months ended June 30, 2023. The Group expects to record a comprehensive loss attributable to the owners of the Company of no more than RMB 4.0 million during the Reporting Period as compared with a comprehensive loss attributable to the owners of the Company of approximately RMB 5.6 million in the corresponding period of 2022. The expected decrease in the loss was primarily due to the fact that employee benefit expenses recorded a significant decrease during the Reporting Period as compared to the corresponding period of 2022 due to the Company's cost control measures, which was partially offset by 1) the loss recorded in respect of the share of associates accounted for using equity method due to market downturns which affected its provision; and 2) the increase in fair value loss of financial liabilities at fair value through profit or loss due to the increase in appraised value.