The Board of Tianjin Binhai Teda Logistics (Group) Corporation Limited announced that, based on the preliminary assessment of the Group's unaudited management accounts, the Board expects that the Group may record a profit and total comprehensive income attributable to the owners of the Company of approximately RMB 12 million to RMB 13 million for the three months ended 31 March 2021, as compared to the loss and total comprehensive expense attributable to the owners of the Company of approximately RMB 5.13 million recorded for the corresponding period in 2020.