GRANDLAND GROUP announced that from January 1, 2024, to December 31, 2024, it is expected to incur a net loss attributable to shareholders of the listed company of RMB 180 million to RMB 260 million, compared to a profit of RMB 2.127 billion in the same period last year; the net profit after deducting non-recurring gains and losses is expected to be a loss of RMB 178 million to RMB 258 million, compared to a loss of RMB 199.5 million in the same period last year; the basic earnings per share are expected to be a loss of RMB 0.048 to RMB 0.0693 per share, compared to RMB 0.57 per share in the same period last year; operating revenue is expected to be RMB 600 million to RMB 850 million, compared to RMB 1.002 billion in the same period last year; the operating revenue after deduction is expected to be RMB 588 million to RMB 838 million, compared to RMB 998 million in the same period last year