Anhui Conch Cement : Announcement Regarding the Resolutions Passed at the Board Meeting

HongKongExchangesandClearingLimitedandTheStockExchangeofHongKongLimitedtakenoresponsibilityfor thecontentsofthisannouncement, makenorepresentationastoitsaccuracyorcompletenessandexpresslydisclaim anyliabilitywhatsoeverforanylosshowsoeverarisingfromorinrelianceuponthewholeoranypartofthecontents ofthisannouncement.

安徽海螺水泥股份有限公司

(a joint stock limited company incorporated in the People's Republic of China) (Stock Code: 00914)

This announcement is made pursuant to Rule 13.10B of the Listing Rules.

In accordance with the applicable laws and regulations of the PRC, the Company will publish the PRC Announcement in the designated newspaper circulating in the PRC on 28 October 2017 regarding the resolutions passed by the Board.

This announcement is made pursuant to Rule 13.10B of The Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

In accordance with the applicable laws and regulations of the People's Republic of China (the "PRC"), Anhui Conch Cement Company Limited (the "Company") will publish an announcement (the "PRC Announcement") in the designated newspaper circulating in the PRC on 28 October 2017 regarding the resolutions passed by the board (the "Board") of directors (the "Directors") of the Company.

A meeting of the Board (the "Meeting") was held on 27 October 2017 through telephone conference. The Board comprises 8 Directors, and all of them were present at the Meeting. The convention of the Meeting was in compliance with the requirements of the Companies Law of the PRC and the articles of association of the Company. The Meeting and all the resolutions passed at the Meeting are legal and valid.

The voting results of each of the resolutions considered in the Meeting are as follows: the total valid voting strength was 8, and all 8 votes were cast in favour of each of the resolutions,

representing 100% of the number of valid votes. No vote was cast against any of the resolutions and no Director had abstained from voting. The following resolutions were passed at the Meeting:

1. 2017 third quarterly report of the Company was considered and approved.

   In accordance with the relevant regulations and requirements of the Securities Law and "Compilation Rules for Information Disclosure by Companies which Offer Securities to the Public No. 13 (Contents and Format for Quarterly Report) (revised in 2016), the Board, after thorough understanding and review of the Company's third quarterly report, is of the view that the said report has fairly reflected the financial position and operating results of the Company, and the said report was unanimously approved by the Board.

2. The resolution regarding the change of operational staff of the Company was considered and approved.

Due to the operational requirement of the Company, as well as to strengthen the training of junior management, based on the recommendation of the remuneration and nomination committee of the Board, the Board has agreed to appoint Mr. Yu Shui and Mr. Wu Tiejun as the assistants to general manager of the Company. (For the biographies of Mr. Yu Shui and Mr. Wu Tiejun, please refer to the Appendix). Due to work requirement, Mr. Chen Yongbo has submitted his resignation as assistant of general manager of the Company. The Board would like to extend its gratitude to Mr. Chen Yongbo for his contribution to the Company's operation and development during his tenure.

By Order of the Board

Joint Company Secretary

Wuhu City, Anhui Province 27 October 2017

Asatthedateofthisannouncement,theBoardcomprises(i)MrGaoDengbang,MrWangJianchao,MrWu Bin,MrDingFengandMrZhouBoasexecutiveDirectors,and(ii)MrYangMianzhi,MrTai KwokLeung andMrLeungTatKwongSimonasindependentnon-executiveDirectors.

Mr. Yu Shui ( 虞水), born in 1976, assistant economist. Mr. Yu graduated from Anhui University with a bachelor degree in economics. Mr. Yu joined the Company in 1997 and has held various positions in the Company such as deputy director of the control room of the Company's sales department, assistant to director, deputy director and executive deputy director of the sales department, and in some of the Company's subsidiaries, such as executive deputy general manager of each of Bengbu Conch Cement Co., Ltd., Huainan Conch Cement Co., Ltd. and Anhui Changfeng Conch Cement Co., Ltd., general manager of Conch South Kalimantan Cement, PT and deputy director of Wanbei Regional Management Committee. Mr. Yu is currently a director of the Company's sales department.

Mr. Wu Tiejun ( 吳 鐵軍 ), born in 1980, engineer. Mr. Wu graduated from Wuhan University of Technology with a bachelor degree in inorganic nonmetallic materials. Mr. Wu joined the Company in 2001 and has held various positions such as director of the production branch of the Company's subsidiary, Anhui Chizhou Conch Cement Co., Ltd. ("Chizhou Conch"), assistant to general manager, deputy general manager, executive deputy general manager and general manager of Chizhou Conch, general manager of Yingde Conch Cement Co., Ltd., and executive deputy director of the Guangdong Regional Management Committee. Mr. Wu is currently a director of the Guangdong Regional Management Committee and officer of the production control and craft management centre of the Company.