Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

POSITIVE PROFIT ALERT

This announcement is made by Sino-Ocean Group Holding Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13. 09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that based on a preliminary assessment of the Group's currently available unaudited management accounts, the Group's profit attributable to owners of the Company for the six months ended 30 June 2017 is expected to record a significant increase as compared to the corresponding period in 2016.

The Board considers that the anticipated significant increase in the profit attributable to owners of the Company is mainly due to a substantial increase in the sales revenue of the Group.

The Company is still in the process of finalising the Group's interim results for the six months ended 30 June 2017. The information contained in this announcement is the Board's preliminary assessment based solely on of the Group's currently available unaudited management accounts for the six months ended 30 June 2017, but not based on any financial data or information that has been audited or reviewed by the Company's auditor. Details of the Group's financial performance will be disclosed in the interim results announcement of the Company for the six months ended 30 June 2017, which is expected to be published on 23 August 2017. Shareholders and potential investors are advised to read carefully such results announcement.

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

By order of the Board

Sino-Ocean Group Holding Limited CHUNG Kai Cheong

Company Secretary

Hong Kong, 14 August 2017

As at the date of this announcement, the directors of the Company comprise:

Executive directors:

Mr. LI Ming Mr. LI Hu

Mr. WANG Yeyi Mr. SUM Pui Ying

Mr. WEN Haicheng Mr. LI Hongbo

Non-executive directors:

Mr. ZHAO Lijun Mr. YAO Dafeng Mr. FANG Jun

Ms. SHANGGUAN Qing

Independent non-executive directors:

Mr. HAN Xiaojing Mr. SUEN Man Tak Mr. WANG Zhifeng Mr. JIN Qingjun

Ms. LAM Sin Lai Judy

Sino-Ocean Group Holding Ltd. published this content on 13 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 August 2017 15:11:07 UTC.