The board of directors of COSCO SHIPPING Holdings Co., Ltd. provided earnings guidance for the six months ended 30 June 2020. For the period, the company expected to record a net profit (after deducting non-recurring profit and loss) attributable to the Shareholders for the Reporting Period of approximately RMB 37,021 million, as compared to that of approximately RMB 882 million for the six months ended 30 June 2020. The board of directors of the Company also inform the shareholders of the Company and potential investors that the Group is expected to record a net profit attributable to the Shareholders for the six months ended 30 June 2021 (the "Reporting Period") of approximately RMB 37,093 million, as compared to that of approximately RMB 1,137 million for the six months ended 30 June 2020; and the Group is expected to record a net profit (after deducting non-recurring profit and loss) attributable to the Shareholders for the Reporting Period of approximately RMB 37,021 million, as compared to that of approximately RMB 882 million for the six months ended 30 June 2020.