Arrow Energy receives large order

As of June 30, 2023, Arlo Energy has orders in hand of approximately RMB 2.797 billion. The company expects revenue in 2023 to be RMB 4.5 billion to RMB 4.7 billion, and net profit attributable to the parent company to be RMB 1.05 billion to RMB 1.15 billion. This performance expectation is mainly due to the company's large orders in hand, including cooperation with Hanwha Group.