Xinda Investment Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. The Group is expected to record a net loss of approximately RMB 22,000,000 to RMB 32,000,000 attributable to owners of the Company in Year 2023, while there was a net loss of RMB 306,368,000 attributable to owners of the Company in year ended 31 December 2022 (the "Year 2022"), a significant reduction in losses.