Anhui Conch Cement : Positive Profit Alert For The First Quarter of 2018

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安徽海螺水泥股份有限公司

ANHUI CONCH CEMENT COMPANY LIMITED

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

(Stock Code: 00914)

POSITIVE PROFIT ALERT FOR THE FIRST QUARTER OF 2018

This announcement is made pursuant to Rule 13.09(2)(a) of the Listing Rules and the Inside Information Provisions under Part XIVA of SFO.

In accordance with the applicable laws and rules of PRC, the Company will publish an announcement in designated newspaper circulating in the PRC on 10 April 2018 regarding the profit alert for the first quarter of 2018.

The Board wishes to inform Shareholders and potential investors that the Group is expected to record a period-on-period increase of about 120% in respect of its unaudited net profit attributable to equity shareholders of the Company prepared in accordance with PRC accounting standards for the first quarter ended 31 March 2018.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by Anhui Conch Cement Company Limited ("Company", together with its subsidiaries, collectively referred to as the "Group") pursuant to Rule 13.09(2)(a) of the Rules ("Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance ("SFO", Chapter 571 of the Laws of Hong Kong).

In accordance with the applicable laws and rules of the People's Republic of China ("PRC"), the Company will publish an announcement in designated newspaper circulating in the PRC on 10 April 2018 regarding the positive profit alert for the first quarter of 2018.

The board ("Board") of directors ("Directors") of the Company wishes to inform shareholders of the Company ("Shareholders") and potential investors that the Group is expected to record a period-on-period increase in the sum of about RMB2,584 million (or about 120% in relative terms) in respect of its unaudited net profit attributable to equity shareholders of the Company prepared in accordance with PRC accounting standards for the first quarter ended 31 March 2018.

As disclosed in the Company's first quarterly report of 2017, for the first quarter ended 31 March 2017, the unaudited net profit attributable to equity shareholders of the Company prepared in accordance with PRC accounting standards amounted to RMB2,153 million, and the net profit attributable to equity shareholders of the Company after extraordinary items amounted to RMB1,554 million.

The Directors believe that the above period-on-period increase is mainly attributable to a relatively large rise in the selling price of the Group's products and correspondingly a substantial increase in the operating income for the first quarter ended 31 March 2018 as compared with the corresponding period of the previous year.

The Group is still in the process of preparing the unaudited results for the first quarter of 2018. The information contained in this announcement is only based on the preliminary assessment by the management of the Company. Information and financial data as disclosed in the report for the first quarter of 2018 shall prevail, and such report is expected to be published by the Company in late April 2018.

Shareholders and potential investors are advised to exercise caution when dealing in shares of the Company.

By order of the Board

Anhui Conch Cement Company Limited

Zhou Bo

Joint Company Secretary

Wuhu City, Anhui Province, the PRC

9 April 2018

As at the date of this announcement, the Board comprises (i) Mr Gao Dengbang, Mr Wang Jianchao, Mr Wu Bin, Mr Ding Feng, and Mr Zhou Bo as executive Directors; and (ii) Mr Yang Mian Zhi, Mr Tai Kwok Leung and Mr Leung Tat Kwong Simon as independent non-executive Directors.