IRICO Group New Energy Company Limited provided earnings guidance for the six months ended 30 June 2024. For the period, The Group is expected to record an operating revenue of approximately RMB 1,950 million to RMB 2,050 million for the six months ended 30 June 2024 (the "1H 2024"), representing an increase of approximately 51% to 59% as
compared with the operating revenue of RMB1,288 million for the six months ended 30 June 2023 (the "1H 2023"); and the Group's total profit for the 1H 2024 is expected
to amount to approximately RMB 10 million to 18 million, representing a turnaround from loss to profit as compared with the total loss of RMB144 million for the 1H 2023.