Fineland Living Services Group Limited provided earnings guidance for the six months ended June 30, 2023. For the period, the company expects net loss of the Company for the 2023 Interim Period will not exceed RMB 18.6 million, compared to the unaudited net profit of approximately
RMB 17.4 million for the six months ended 30 June 2022. The expected net loss was mainly attributable to the significant increase in impairment losses for the receivables from the provision of property management services segment and real estate agency services segment.