Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited provided consolidated earnings guidance for the year ended 31 December 2023. The company is expected that the net profit of the Group for the year ended 31 December 2023 substantially decreased by a range of approximately RMB 30.0 million to RMB 36.0 million as compared to the net profit of the Group of approximately RMB 57.5 million for the year ended 31 December 2022.