Anhui Conch Cement : 2016 Interim Report

2016 INTERIM REPORT‌‌‌‌‌‌‌‌‌‌‌

Important

The Board, Supervisory Committee and Directors, Supervisors and the senior management of the Company warrant that the information in this report, for which they jointly and severally accept legal liability, is truthful, accurate and complete, and does not contain any misrepresentation, misleading statements or material omission.

All Directors of the Company attended the second meeting of the seventh session of the Board.

Mr. Gao Dengbang (Chairman), Mr. Zhou Bo (Chief accountant) and Ms. Liu Yan (Officer-in- charge of the Finance Department) warrant that the financial report contained herein is true, accurate and complete.

During the Reporting Period, there was no appropriation of the Company's funds for non- operating purpose by the controlling shareholders of the Company and its related parties.

During the Reporting Period, there was no external guarantee in violation of the established decision-making procedures.

Important

Unless otherwise stated, all financial data in this report are prepared in accordance with the PRC Accounting Standards, and all monetary amounts herein are denominated in RMB.

1

Definitions

The following terms and expressions contained in this report shall, unless the context otherwise requires, have the meanings assigned to them as follows:

The Company/Conch Cement : Anhui Conch Cement Co., Ltd. The Group : the Company and its subsidiaries

Board : the board of Directors

Director(s) : the director(s) of the Company

Supervisory Committee : the supervisory committee of the Company Supervisor(s) : the supervisor(s) of the Company

Conch Holdings : Anhui Conch Holdings Co., Ltd.

Conch Venture : Anhui Conch Venture Investment Co., Ltd.

Definitions

CCVH : China Conch Venture Holdings Limited Conch Venture Property : Wuhu Conch Venture Property Co., Ltd.

Conch Design Institute : Anhui Conch Building Materials Design and Research

Institute

Conch Kawasaki Engineering : Anhui Conch Kawasaki Engineering Co., Ltd. Guiyang Conch : Guiyang Conch Panjiang Cement Co., Ltd.

Ganzhou Conch : Ganzhou Conch Cement Co., Ltd.

Chaohu Conch : Chaohu Conch Cement Co., Ltd.

Myanmar Conch : Myanmar Conch Cement Company Limited

Indonesia Conch : PT Conch Cement Indonesia

Kalimantan Conch : PT Conch South Kalimantan Cement

Xinli Finance : Anhui Xinli Finance Co., Ltd., a company listed on the

SSE (formerly known as "Anhui Chaodong Cement 2

Co., Ltd.", which is shortly referred to as "Chaodong Cement") (stock code: 600318)

Jidong Cement : Tangshan Jidong Cement Co., Ltd., a company listed on Shenzhen Stock Exchange (stock code: 000401)

Definitions

Qingsong Building Materials and Chemicals

: Xinjiang Qingsong Building Materials and Chemicals (Group) Co., Ltd., a company listed on the SSE (stock code: 600425)

WCC : West China Cement Limited, a company listed on Hong Kong Stock Exchange (stock code: 2233)

Reporting Period : the period from 1 January 2016 to 30 June 2016 PRC Accounting Standards : China Accounting Standards for Business Enterprises

A Shares : ordinary shares in the capital of the Company listed on the SSE, with a nominal value of RMB1.00 per share, which are subscribed for and traded in RMB

Definitions

H Shares : foreign shares in the capital of the Company listed on the Stock Exchange, with a nominal value of RMB1.00 per share, which are subscribed for and traded in Hong Kong dollars

Stock Exchange : The Stock Exchange of Hong Kong Limited

HKSE Listing Rules : The Rules Governing the Listing of Securities on the Stock Exchange

SFO : Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)

SSE : Shanghai Stock Exchange

SSE Listing Rules : The Rules Governing the Listing of Stocks on the SSE Clinker : semi-finished products made in the manufacturing

process of cement

Hong Kong : Hong Kong Special Administrative Region of the PRC

Indonesia : Indonesia

RMB : Renminbi, the lawful currency of the PRC

3 PRC : The People's Republic of China Articles : Articles of Association of the Company