On August 6th, Grunhui reported that based on the preliminary evaluation of the unaudited comprehensive management accounts of the group ending on June 30, 2024, compared with the loss of approximately 14.6 million yuan should be attributable to the owners of the parent company in the same period of the previous year ending on June 30, 2023, the group expects to record a net profit of approximately RMB 5 million attributable to the owners of the parent company for the reporting period.

The company achieved a turnaround from losses to profits during the reporting period, mainly due to the increase in demand from overseas customers, the landing of new customer cooperation intention orders, resulting in an increase in overseas orders and sales. The company gained approximately RMB 94.8 million in overseas sales revenue during the reporting period, an increase of about 209% year-on-year, with total revenue of about RMB 0.14 billion, an increase of about 49% year-on-year.