Carpenter Tan Holdings Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2023. The Group is expected to record an increase in the profit of the Group attributable to owners of the Company by approximately 45% to 55% for the Year as compared to the profit of the Group attributable to owners of the Company of RMB 107.3 million for the year ended 31 December 2022. The Board considers that the increase in the profit of the Group attributable to owners of the Company was mainly due to an increase in the Group's revenue and gross profit by approximately 40% to 45% and 45% to 50%, respectively; for the Year as compared to the Previous Year as a result of the market recovery from the lifting of the COVID-19 pandemic control measures.