Jia Yao Holdings Limited provided unaudited consolidated group earnings guidance for the six months ended 30 June 2023. For the period, the group expects to record a net profit after tax in the range of approximately RMB 29.0 million to RMB 31.5 million as compared to the net profit after tax of approximately RMB 0.7 million for the six months ended 30 June 2022. The aforesaid increase in net profit after tax is mainly due to the prominent contribution made by the electronic cigarettes segment to the Group's gross profit, which achieved a rapid growth rate and higher profit margin during the six months ended 30 June 2023.