Aokang International's performance declines

Due to poor performance in recent years, OKAN International's net losses exceeded RMB 400 million in 2022 and 2023. In the first three quarters of this year, the company's revenue was RMB 1.888 billion, a year-on-year decrease of 18.8%, and its net loss was RMB 136 million, a year-on-year decrease of 50.56%.