The board of directors of the Tianjin Port Development Holdings Limited announced the shareholders of the company and potential investors that, based on the information currently available, it is expected that the Company and its subsidiaries will record an increase of not less than 35% in the profit attributable to the shareholders of the company for the year ended 31 December 2017 as compared with last year. Based on the information currently available, the major factors affecting the results of the Group for the year ended 31 December 2017 are as follows: (1) facing significant changes in the polices for safety production, environmental remediation and environment protection, in particular, in order to meet the requirements for the air pollution prevention and control in the Jing-Jin-Ji region to reduce air pollution resulting from the long-distance transportation of coal by diesel vehicles, the coal transportation by truck is shifted to by rail, which have adversely impacted the Group's non-containerised cargo handling business; and (2) benefitting from the appreciation of Renminbi against Hong Kong dollars, the Group recorded a substantial exchange gain arising from the Hong Kong dollars denominated liabilities held by the Group (an exchange loss was recorded in 2016), which offset the impact of the decrease in profit from non- containerized cargo handling business.