Roiserv Lifestyle Services Co., Ltd. provided unaudited consolidated earnings guidance for the six months ended June 30, 2023. For the period, the company expected to record a net profit of approximately RMB 97 million for the Reporting Period, representing a period-to-period decrease of approximately 46% as compared to the net profit of approximately RMB 183 million for the six months ended June 30, 2022. Based on the information currently available to the Board, such decrease was primarily due to (i) the significant decrease of demand for the value-added services (including property engineering services, on-site services and other services) as compared with the corresponding period of last year as a result of the significant decrease in the gross floor area of property projects delivered by the property developer customers of the Group during the Reporting Period; (ii) the absence of one-off investment gain during the Reporting Period which was recorded from redemption of a fund product in the corresponding period of last year; and (iii) the reduction of management fees for certain vacant properties and parking spaces during the Reporting Period as a result of the adverse macro economic conditions, coupling with the cost increase as a result of increasing investment for quality improvement, which resulted in a decline in the profitability of the property management services segment.