Ye Xing Group Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2023. Based on the preliminary assessment of the consolidated management accounts of the Group for the six months ended 30 June 2023 (the "Reporting Period") and the latest information currently available to the Board, it is expected that the net profit of the Group for the Reporting Period will be ranging from approximately RMB 11.0 million to RMB 12.0 million, representing an increase ranging from approximately 17.0% to 27.7% as compared to that for the corresponding period last year. The expected increase is mainly attributable to a significant reduction in the Group's impairment loss of amount due from related parties for the Reporting Period.