IRICO Group New Energy Company Limited provides group earnings guidance for the year ended 31 December 2023. For the Group is expected to record an operating revenue for the year ended 31 December 2023 in the amount of approximately RMB 3,100 million to RMB 3,150 million (which represents an increase by approximately 25% to 28% as compared to that for the year ended 31 December 2022 (the "Corresponding Period"), being approximately RMB 2,470.28 million) and a net loss attributable to the shareholders of the parent company for the year ended 31 December 2023 in the amount of approximately RMB 220 million to RMB 245 million (which represents a decrease by approximately 347% to 375% as compared to the net profit attributable to the shareholders of the parent company for the Corresponding Period, being approximately RMB 89.23 million).