The board of directors of Hua Yin International Holdings Limited announced that based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2023 ("Current Interim Period") and the information currently available to the Board, the Group is expected to record a consolidated loss attributable to owners of the Company of not more than approximately RMB80 million for the Current Interim Period, as compared to the unaudited consolidated profit attributable to owners of the Company of approximately RMB 416.6 million for the six months ended 30 September 2022 ("Corresponding Interim Period").