Alliance International Education Leasing Holdings Limited provided unaudited consolidated earnings guidance for the fifteen months ended 31 March 2024. For the period, the Group is expected to record a consolidated net profit in the range of RMB 152 million and RMB 212 million, representing a decrease of approximately 43% to 59% as compared to the net profit of approximately RMB 372 million for the year ended 31 December 2022. The expected decrease in net profit was mainly due to the one-off gain amounted to approximately RMB 270 million from the acquisition of the 70% interest in Yantai Nanshan University which was recorded in the Group's consolidated financial statements for Fiscal Year 2022, while there was no such income during the Reporting Period.