Jiande International Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. The group is expected to record a net profit attributable to owners of the Company of in the range of approximately RMB 2 million to RMB 6 million for the year ended 31 December 2023, as compared to a net profit attributable to owners of the Company of approximately RMB 31.3 million for the year ended 31 December 2022. Such expected decrease in profit was primarily due to the reduction of gross profit from the Group's property development business caused by the overall gross profit margin squeeze as a result of the market conditions during the year ended 31 December 2023.