Grace Wine Holdings Limited provided group earnings guidance for the year ended 31 December 2023. The board of directors of the Company announced that, based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2023 (the "Year"), the Group is expected to record a net profit of not less than RMB 8.0 million, as compared to a net loss of approximately RMB 0.6 million for the year ended 31 December 2022.