YCIH Green High-Performance Concrete Company Limited provided earnings guidance for the six months ended June 30, 2023. The company expected that the Group records a net loss of approximately RMB 11.49 million for the six months ended June 30, 2023 as compared with a net profit of approximately RMB 20.70 million for the six months ended June 30, 2022. The above expected loss is mainly due to: Although the sales volume of commercial concrete, the principal product of the Group in the first half of 2023, increased by approximately 6.98% as compared with that of the corresponding period in 2022, and the cost of concrete production slightly decreased as compared with that of the corresponding period in 2022, the average sales price of concrete decreased by approximately 11.62% as compared with that of the corresponding period in 2022, resulting in a decrease in sales revenue of concrete by approximately 5.45% and a decrease in unilateral gross profit of concrete by approximately 27.60%.