Asia Cement China : POSITIVE PROFIT ALERT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019

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Asia Cement (China) Holdings Corporation

亞 洲 水 泥（中 國）控 股 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 743)

POSITIVE PROFIT ALERT

FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019

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

The Board wishes to inform shareholders of the Company and potential investors that, based on the Company's preliminary review of the management accounts of the Group, it is expected that the unaudited profit attributable to equity holders of the Group for the nine months ended 30 September 2019 will increase by about 30% to 40% as compared with that of the same period in 2018.

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

This announcement is made by Asia Cement (China) Holdings Corporation (the "Company" and 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 under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

The board of directors (the "Board") of the Company wishes to inform shareholders of the Company and potential investors that, based on the Company's preliminary review of the management accounts of the Group, it is expected that the unaudited profit attributable to equity holders of the Group for the nine months ended 30 September 2019 will increase by about 30% to 40% as compared with that of the same period in 2018.

The Board considers that the above expected increase was primarily due to the increase in average selling price of the Group's products.

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This information contained in this announcement is only based on a preliminary assessment by the Board with reference to the information currently available from the management accounts of the Group, which have not been reviewed or audited by the Company's auditors and are subject to possible adjustments arising from further review. The actual results of the Group for the nine months ended 30 September 2019 may be different from what is disclosed in this announcement.

It is expected that the announcement for the unaudited consolidated results of the Group for the nine months ended 30 September 2019 will be published by the end of October 2019.

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

By Order of the Board

Asia Cement (China) Holdings Corporation

HSU Shu-tong

Chairman

Hong Kong, 14 October 2019

As at the date of this announcement, the executive Directors are Mr. HSU Shu-ping, Mr. CHANG Tsai-hsiung, Dr. WU Chung-lih, Mr. CHANG Chen-kuen, Mr. LIN Seng-chang and Ms. WU Ling-ling, the non-executive Director and Chairman is Mr. HSU Shu-tong, the independent non-executive Directors are Mr. TSIM Tak-lung Dominic, Mr. WANG Wei, Mr. LEE Kao-chao and Dr. WANG Kuo-ming.

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