COSCO SHIPPING Holdings Co., Ltd. provided earnings guidance for the six months ended 30 June 2017. The Group is expected to record a net profit for the six months ended 30 June 2017 as compared to a net loss in the same period of last year. The net profit attributable to shareholders of the Company for the Reporting Period is estimated to be approximately RMB 1,850 million. During the Reporting Period, the container shipping market mildly recovered, and benefitting from the firmly recovering market and integration synergies, the overall operation conditions of the Company retained positive momentum. Its average freight rates of the container shipping business increased over the same period of last year, its cargo volume increased by 34.72% as compared to the same period of last year, and its profit had sustaintedly grown since the fourth quarter of last year.