On November 23rd, Baishi Group released its performance report for the third quarter of 2023. According to financial report data, in the third quarter, the group's revenue increased by 9.7% year-on-year to RMB 2.23 billion, with a year-on-year increase of 4.2 percentage points in gross profit margin and a gross profit of RMB 51.8 million. As of the end of the quarter, the group's cash and cash equivalents, restricted cash, and short-term investments amounted to 2.36 billion yuan.