JiaXing Gas Group Co., Ltd. provided earnings guidance for the six months ended 30 June 2023. The Board, the estimated profit attributable to the Shareholders for the Period is in the range of approximately RMB 157,000,000 to RMB 162,600,000, representing an approximately 450% to 470% increase as compared with the profit attributable to the Shareholders amounted to RMB28,520,000 for the six months ended 30 June 2022. The Board hereby restates that this announcement and the figures above are only based on the preliminary assessment on the information currently available to the Group and have not been confirmed or reviewed by the audit committee of the Company and independent auditors of the Company.