Beijing Digital Telecom Co., Ltd. provided group earnings guidance for the six months ended 30 June 2023. The Group expects to record a revenue of not less than RMB 9.1 billion for the six months ended 30 June 2023, representing a significant period-on-period increase as compared to a revenue of approximately RMB 6.2 billion for the corresponding period in 2022. Meanwhile, the Group expects to record a net loss attributable to owners of the parent of the Company of not more than RMB30 million for the six months ended 30 June 2023, representing a significant period-on-period decrease as compared to a net loss attributable to owners of the parent of the Company of approximately RMB167.8 million for the corresponding period in 2022.

The substantial decrease in loss of the Group is mainly attributable to the following combined effect of (i) the continuing effort of the Group to further promote cost reduction and efficiency improvement measures and continuously improve the level of refined management, resulting in significant overall operating economic benefits; and (ii) further increase of both sales volume and average unit sale price of mobile phones and accessories of the Group during the six months ended 30 June 2023.