Carpenter Tan Holdings Limited provided earnings guidance for the six months ended June 30, 2023. The Group is expected to record an increase in the profit of the Group by approximately 65% to 70% for the Period as compared to the profit of the Group of RMB 55.0 million for the six months ended 30 June 2022. The Board considers that the increase in the profit of the Group was mainly due to an increase in the Group's revenue and gross profit by approximately 50% to 55% and 50% to 55%, respectively; for the Period as compared to the Previous Period as a result of the market recovery from the lifting of the COVID-19 pandemic control measures.