Gelonghui August 4th 丨Xinda Investment Holdings (01281.HK) announced,The group is expected to6 months ended June 30, 2023The period recorded profits attributable to company owners of approximately RMB 0 to RMB 3 million, compared with losses attributable to company owners of RMB 318 million recorded in the six months ending June 30, 2022 (“same period 2022”).

According to current data obtained by the board of directors, the above positive impact on the Group is mainly due to: in the same period of 2022, the Group confirmed a net loss of RMB 266 million for joint ventures using the equity method and terminated the confirmation of deferred income tax assets of RMB 289.82 million due to changes in the business environment. There were no such matters during this period.