China Travel International Investment Hong Kong Limited provided preliminary unaudited consolidated earnings guidance for the year ended 31 December 2021. For the year, the company expects to achieve a turnaround from loss to profit for the year and as compared with the loss attributable to shareholders of HKD 391 million for the year ended 31 December 2020; it is expected to record a profit attributable to shareholders of not less than HKD 120 million in the Group's consolidated results for the year ended 31 December 2021. The Board considers that the expected increase in consolidated profit for the year ended 31 December 2021 is mainly attributable to a revenue of approximately HKD 1,300 million from the sale of real estate from China Travel Hong Kong (Zhuhai) Ocean Spring Co.

Ltd., a wholly-owned subsidiary of the Company; and a gain of approximately HKD 230 million from the disposal of travel business.