According to the Zhitong Finance App, China Dredging and Environmental Protection (00871) announced that the Group had a net loss of about RMB 212 million for the full year ended December 30, 2023, and a net loss of approximately RMB 315 million as of December 30, 2022. The estimated net loss is mainly due to non-cash anticipated credit loss provisions, impairment losses on property, plant and equipment, and right-of-use assets, and changes in the fair value of investment properties.