The board of directors of Anhui Conch Cement Company Limited informed shareholders of the company and potential investors that the Group is expected to record a period-on-period increase in the sum of about RMB 2,584 million (or about 120% in relative terms) in respect of its unaudited net profit attributable to equity shareholders of the company prepared in accordance with PRC accounting standards for the first quarter ended 31 March 2018. The Directors believe that the above period-on-period increase is mainly attributable to a relatively large rise in the selling price of the Group's products and correspondingly a substantial increase in the operating income for the first quarter ended 31 March 2018 as compared with the corresponding period of the previous year.