Sanxun Holdings Group Limited provided sales guidance for the second quarter, third quarter, fourth quarter and full year of 2023. Sales in the second quarter of 2023 is expected to achieve growth against the low base as affected by the pandemic in 2022.

While sales in the third and fourth quarter of 2023 will remain relatively stable, it is expected that a marginal increase of 1.2% will be achieved for the year.

Walking into 2023, the negative factors gradually eliminate and disruptions such as the pandemic gradually diminish with optimization of pandemic prevention and control. With credit repair of real estate enterprises through continued progress in ensuring delivery, gradual relaxation of demand-side policies and financing policies becoming effective progressively, the wait-and-see sentiment of residents for buying properties may reduce progressively and the sales are expected to recover gradually in 2023.