Jiande International Holdings Limited provided group earnings guidance for the six months ended 30 June 2023. The Group is expected to record a net loss attributable to owners of the Company of in the range of approximately RMB 2.3 million to RMB 4.3 million for the six months ended 30 June 2023, as compared to a net profit attributable to owners of the Company of approximately RMB 27,606,000 (restated) for the six months ended 30 June 2022. Such expected change from profit to loss was primarily due to the substantial reduction of revenue and gross profit from the Group's property development business as the properties available for sale and delivered to customers by the Group decreased and most of the Group's new real estate projects were still under construction during the six months ended 30 June 2023.