Shandong International Trust Co., Ltd. provided group earnings guidance for the six months ended 30 June 2023. The company announced that, based on the preliminary review of the unaudited management accounts of the group for the six months ended 30 June 2023 prepared according to China Accounting Standards for Business Enterprises, the group is expected to record a net profit of approximately RMB 160 million to RMB 180 million for the six months ended 30 June 2023 as compared to a net loss of approximately RMB 474 million for the corresponding period in 2022. The company expects that the net profit is mainly due to the lower credit impairment loss recorded by the Group in the first half of 2023 compared with the corresponding period in 2022.