Cheerwin Group Limited provided unaudited consolidated guidance for the six months ended 30 June 2023. For the period, the company is expected to be not less than approximately RMB 129 million, representing an increase of not
less than approximately 45% as compared with the corresponding period in 2022; whereas the revenue for the Interim Period is expected to be not less than approximately RMB 1,125 million, representing an increase of not less than approximately 10% as compared with the corresponding period in 2022.