Dalipal Holdings Limited provided group earnings guidance for the six months ended 30 June 2023. Based on the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 and other information currently available to the board of directors of the Company, despite the performance of the macro market being not optimistic, the Group was able to maintain a steady growth in performance during the Period. The Board informed shareholders of the Company and potential investors that, the Group expects to record a net profit of not less than RMB 53 million during the Period, which increased over 70%, compared with the net profit of RMB 31.12 million during the same period in 2022. Main reasons were as: Due to multi-strategy market planning and more accurate prediction of product price trends, the sales volume and sales revenue of end products have increased by more than 15%; Research and development, promotion of new products and continuous optimization of
product structure, the output of customized and personalized non-API high-end products increased by more than 80%; Continue to explore the international market, the direct export increased by more than 70% compared with the same period last year; Implement lean operations and strive to reduce costs and increase efficiency. Starting from various aspects such as technical costs and operating costs, while ensuring quality and efficiency, 15 cost reduction tasks have achieved results and increased profit margins.