Yues International Holdings Group Limited provided consolidated earnings guidance for year ended 31 December 2023. For the period, the Group expects to record an estimated net loss in the range of approximately RMB 33.0 million to RMB 38.0 million for the Year as compared to an estimated net loss of approximately RMB 0.2 million for the year ended 31 December 2022. The increase in the estimated net loss for the Year, when compared to the previous year, is mainly due to the decrease in revenue generated from the provision of transportation services and warehousing services by the Group, the increase in lease payment relating to short-term leases, and the recognition of impairment of right-of-use assets for the Year.