China Conch Venture : VOLUNTARY ANNOUNCEMENT IN RELATION TO THE PUBLICATION OF THE 2019 THIRD QUARTERLY REPORT BY ANHUI CONCH CEMENT COMPANY LIMITED

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China Conch Venture Holdings Limited

中 國 海 螺 創 業 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 586)

VOLUNTARY ANNOUNCEMENT IN RELATION TO

THE PUBLICATION OF THE 2019 THIRD QUARTERLY REPORT

BY ANHUI CONCH CEMENT COMPANY LIMITED

This announcement is made by China Conch Venture Holdings Limited (''Company'', which together with its subsidiaries are collectively referred to as the ''Group'') on a voluntary basis.

As at the date of this announcement, the Group is indirectly interested in 49% equity interest in 安徽海螺集團有限責任公司 (Anhui Conch Holdings Co. Ltd.*, ''Conch Holdings''), which in turn is interested in approximately 36.40% equity interest in Anhui Conch Cement Company Limited (''Conch Cement'', Hong Kong Stock Exchange stock code: 00914, Shanghai Stock Exchange stock code: 600585). As disclosed in the Company's annual report previously published for the year ended 31 December 2018（''FY2018'') and its interim report for the six months ended 30 June 2019 (''1H2019''), the Group derived a substantial portion of its profit for FY2018 and 1H2019 from its equity interests in Conch Holdings, an associate of the Company. During such periods, the share of profit of Conch Holdings accounted for 87.1% and 86.3% of the Group's profit, respectively.

Having taken into account the above factors, the board (''Board'') of directors (''Directors'') of the Company wishes to inform the shareholders of the Company that on 22 October 2019 Conch Cement published its 2019 third quarterly report (''Cement 3Q2019 Report'') containing its unaudited quarterly results for the nine months ended 30 September 2019 (''3Q2019''). For further details, shareholders of the Company and potential investors are requested to refer to the Cement 3Q2019 Report.

For further details, shareholders of the Company and potential investors are requested to refer to the Cement Announcement.

By Order of the Board

China Conch Venture Holdings Limited

SHU Mao

Company Secretary

Anhui Province, the People's Republic of China

22 October 2019

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As at the date of this announcement, the Board comprises Mr. GUO Jingbin (Chairman), Mr. JI Qinying (Chief Executive Officer), Mr. LI Jian and Mr. LI Daming as executive Directors; Mr. CHANG Zhangli as non-executive Director; and Mr. CHAN Chi On (alias Derek CHAN), Mr. CHAN Kai Wing and Mr. LAU Chi Wah, Alex as independent non-executive Directors.

* English translation or transliteration of Chinese name for identification purpose only

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