According to the preliminary evaluation of the unaudited consolidated management accounts for the six months ending June 30, 2024, based on the information currently available to the company: (i) the estimated revenue of the group for the six months ending June 30, 2024 is approximately 60.6 million yuan, while the revenue for the six months ending June 30, 2023 is approximately 28.7 million yuan; and (ii) the estimated net loss after tax of the group for the six months ending June 30, 2024 is approximately 3.2 million yuan, while the net income after tax for the six months ending June 30, 2023 is approximately 0.2 million yuan.
For the six months ending June 30, 2024, the expected increase in revenue is mainly due to the sales peak season of agricultural and sideline products during the Chinese Lunar New Year period, as well as the group's strong promotion and key development of the food supply business, focusing on imported fruits and domestic high-end fruits and other agricultural and sideline food products to increase the supply of agricultural and sideline products.