The board (the "Board") of directors ("Directors") of the China Infrastructure & Logistics Group Ltd. would like to inform the shareholders and potential investors of the Company that, based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2022 and the financial information currently available to the Board, it is expected that the Group will record an increase of approximately 85% to 105% in the profit for the period from continuing operations and discontinued operation for the six months ended 30 June 2022, as compared to that for the six months ended 30 June 2021 of HKD 12.02 million.