The board of directors of Sichuan Expressway Company Limited informed the shareholders of the Company and potential investors that, based on its preliminary assessment of the unaudited management accounts of the Group for the year ended December 31 2021 and information currently available to the Board, it is expected that the net profit attributable to Shareholders of the Company for the Year will increase to around RMB 1,838,157,700, representing a significant increase from the net profit attributable to Shareholders of RMB 674,809,000 recorded for the year ended 31 December 2020 Such increase was mainly attributable to the transfer of 91% equity interest in Renshou Trading Landmark Company Limited a controlling subsidiary of the Company, during the Year, resulting in a significant increase in its non-recurring profit or loss. In addition, vehicle tolls in the same period of the Previous Year were negatively affected by the COVID-19 pandemic. However, due to the current pandemic preventative measures, vehicle tolls have increased in the same period of the Year.