Ming Yang Smart Energy Group Limited provided earnings guidance for the year ended December 2023. For the year, the company expects its net profit attributable to shareholders of the listed company to range from RMB 354,000,000 to RMB 530,000,000 from January to December 2023, representing a decrease of RMB 2,924,607,500 to RMB 3,100,607,500 compared to the same period of the previous year, and a year-on-year decrease of 84.66% to 89.75%. The Company expects to realize net profit attributable to shareholders of listed company after deducting extraordinary profit and losses from January to December 2023 to be RMB 154,000,000 to RMB 230,000,000, representing a decrease of RMB 2,880,356,700 to RMB 2,956,356,700 compared to the same period of the previous year, and a year-on-year decrease of 92.61% to 95.05%.