Wanguo International Mining : Positive Profit Alert

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Wanguo International Mining Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 3939) POSITIVE PROFIT ALERT

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

The board (the ''Board'') of directors (the ''Directors'') of the Company wishes to inform the shareholders of the Company (the ''Shareholders'') and potential investors that based on a review of the Group's unaudited consolidated management accounts for the five months ended 31 May 2017, the Group is expected to record a surge in net profit for the six months ended 30 June 2017 as compared with that for the six months ended 30 June 2016. For the five months ended 31 May 2017 the Group recorded net profit of approximately RMB18.1 million compared with a loss of approximately RMB4.9 million for the corresponding period in 2016. In addition, a substantial volumes of concentrates products have not yet been delivered by the end of May 2017, the Group expects this will further increase the profits in June 2017. The expected surge in net profit is mainly attributable to the increases in metal prices, production scales and capacity as well as the increase in the volumes of concentrates sold by the Group.

As the period of six months ended 30 June 2017 is yet to close and the results of the Group for such period have not been finalised, the information contained in this announcement is only based on the information currently available to the Company and the preliminary assessment of the unaudited consolidated management accounts of the Group for the five months ended 31 May 2017 which has not been reviewed by the auditors of the Company nor the audit committee of the Board. Further details of the Group's financial information will be discussed in its interim results announcement for the six months ended 30 June 2017, which is expected to be released in August 2017.

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

By Order of the Board

Wanguo International Mining Group Limited Gao Mingqing

Chairman

Hong Kong, 27 June 2017

As at the date of this announcement, the Board comprises Mr. Gao Mingqing (Chairman), Ms. Gao Jinzhu, Mr. Xie Yaolin and Mr. Liu Zhichun as executive Directors; Mr. Li Kwok Ping and Mr. Lee Hung Yuen as non-executive Directors; and Dr. Lu Jian Zhong, Mr. Qi Yang and Mr. Shen Peng as independent non-executive Directors.