Shenghua Lande Scitech Limited provided consolidated earnings guidance for the year ended 31 December 2023. The Group is expected to record a net loss attributable to owners of the Company from continuing and discontinued operations of approximately RMB 38,500,000 for the Year 2023 as compared to a net loss attributable to owners of the Company from continuing and discontinued operations of approximately RMB 16,200,000 for the year ended 31 December 2022, representing an approximately 138% increase. Based on the relevant information currently available to the Company, the Board considers that the anticipated substantial increase in the net loss attributable to owners of the Company from continuing and discontinued operations for the Year 2023 was mainly attributable to the reasons.