Shanghai Dazhong Public Utilities(Group) Co.,Ltd. provided consolidated earnings guidance for the six months from 1 January to 30 June 2024. The company is estimated that the net profit attributable to the owners of the parent company of the company is ranging from RMB 85 million to RMB 125 million for the six months from 1 January to 30 June 2024 (half year of 2024). Compared to the six months ended 30 June 2023, there will be a decrease of RMB 352.5215 million to RMB 392.5215 million, representing a year-on-year decrease of 73.82% to 82.20%; it is estimated that the net profit attributable to the owners of the parent company, net of non-recurring gains and losses of the company is ranging from RMB 75 million to RMB 110 million for the half year of 2024.

There will be a decrease of RMB 530.3723 million to RMB 565.3723 million, representing a year-on-year decrease of 82.82% to 88.29%. During the half year of 2024, the company's main business such as public utilities remained stable. The performance of some of the company's associates and joint ventures decreased significantly compared with the corresponding period of 2023, resulting in a significant decrease in the income from equity method according to investment proportion by the company compared with the corresponding period 2023.