The board of directors of BBMG Corporation informed the shareholders of the company and potential investors that, based on the company's preliminary estimations and calculations, the group is expected to record a net profit attributable to shareholders of the listed company of approximately RMB 2,700.0 to RMB 3,000.0 million, representing a year-on-year increase of 0.5% to 11.7% and a net profit attributable to shareholders of the listed company after deducting non-recurring profit and loss of approximately RMB 1,900.0 to RMB 2,250.0 million, representing a year-on-year increase of -11.7% to 4.6%. The Board considers that such increase in the profit level for the year ended 31 December 2017 is mainly because in 2017, coupled with the benefits from implementation of the national strategy on "Synergistic Development of Beijing-Tianjin-Hebei" and the positive effects brought from the "supply side structural reforms" of the cement industry, the market order for the core area of the cement market of the Company continued to improve. As such, the Company has recorded a significant increase in selling prices for cement and clinker and operating revenue for the current period as compared with the same period of last year leading to a significant increase in the profits for cement companies year-on-year. However, the decrease in booked GFA for 2017 as compared with the same period of last year has led to a decrease in profits for property development companies. The increase in net profit attributable to shareholders of the listed company after deducting non-recurring profit and loss for 2017 as compared with the same period of last year is mainly because of the disposal of subsidiaries and fixed assets during the period.

The company reported consolidated sales results for the full year ended December 31, 2017. For the year, the company reported consolidated sales volume of cement and clinker of approximately 91.47 million tonnes, representing an increase of approximately 67% from the same period of last year of approximately 54.90 million tonnes. Sales volume of concrete of approximately 14.48 million cubic meters, representing an increase of approximately 10% from the same period of last year of approximately 13.21 million cubic meters. Booked GFA of approximately 880,000 square meters from property development, representing a decrease of approximately 24% from the same period of last year of approximately 1,160,000 square meters.