The board of directors of China Resources Cement Holdings Limited informed the shareholders of the company and potential investors that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the nine months ended 30 September 2022, the Group's profit attributable to the owners of the Company for the nine months ended 30 September 2022 is expected to significantly decrease as compared with that of the corresponding period in 2021, primarily attributable to: (1) the increase in unit costs of sales of cement products as compared with that of the corresponding period in 2021; and (2) the lower sales volume of the company's products as compared with that of the corresponding period in 2021.