China Conch Venture : ANNOUNCEMENT REGARDING THE PUBLICATION OF ANNOUNCEMENT ON NOTICE OF BOARD MEETING 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)

ANNOUNCEMENT REGARDING

THE PUBLICATION OF ANNOUNCEMENT ON

NOTICE OF BOARD MEETING

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'') pursuant to Rule 13.09 of the Rules (''Listing Rules'') Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

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 2021, the Group derived a substantial portion of its profit for the two financial years ended 31 December 2020 and 2021 from its equity interests in Conch Holdings, an associate of the Company. During such years, the share of profit of Conch Holdings accounted for 82.1% and 81.3% 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

11 August 2022 Conch Cement published an announcement (''Cement Announcement'') giving notice of a board meeting of Conch Cement to be held on 25 August 2022 to consider and approve (among other matters) the unaudited results of Conch Cement and its subsidiaries for the six months ended 30 June 2022.

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

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

By Order of the Board

China Conch Venture Holdings Limited

CHEN Xingqiang

Joint Company Secretary

Anhui Province, the People's Republic of China

11 August 2022

As at the date of this announcement, the Board comprises Mr. JI Qinying (Chief Executive Officer), Mr. LI Jian and Mr. LI Daming as executive Directors; Mr. GUO Jingbin (Chairman), Mr. SHU Mao and Mr. YU Kaijun as non-executive Directors; 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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