Yue Da International Holdings Limited informed the shareholders of the Company and potential investors that based on a preliminary review of the unaudited management accounts of the Group and other information currently available, the Group is expected to record consolidated profit and total comprehensive income for the year of approximately RMB 29 million for the year ended 31 December 2022, which shows an increase of over 90% as compared with the corresponding period in 2021. It is mainly due to the effect of increase in income from communications factoring business.