The board of directors of China Shanshui Cement Group Limited announced that with effect from 19 March 2018: Mr. Liu Yiu Keung, Stephen has resigned as the chairman of the Board, an executive director and an authorized representative of the Company and director of subsidiaries of the Company in order to devote more time to his other business commitments; Mr. Yen Ching Wai, David has ceased to act as an alternate director to Mr. Liu Yiu Keung, Stephen; Mr. Li Zhiqiang has resigned as the vice chairman of the Board and an executive director of the Company in order to devote more time to his other business commitments; and Mr. Li Heping has resigned as an executive director and the chief executive officer of the Company and director of subsidiaries of the Company as he wishes to devote more time to his personal endeavours. The Board of the Company announced that with effect from 19 March 2018: Mr. Li Liufa has been appointed as the chairman of the Board and an executive director of the Company; Mr. Zhu Linhai has been appointed as an executive director of the Company; and Mr. Hwa Guo Wai, Godwin, being an executive director of the Company, has been appointed as an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules") to fill the vacancy arising from the resignation of Mr. Liu Yiu Keung, Stephen. Mr. Li Liufa has been the executive director and the chairman of the Company since 1 December 2015 to 31 May 2016.

He is currently the chairman of the board of Tianrui Group Company Limited and a non executive director and the chairman of the board of China Tianrui Group Cement Company Limited. Mr. Li Liufa has also been appointed as director of China Shanshui Cement Group (Hong Kong) Company Limited and China Pioneer Cement (Hong Kong) Company Limited with effect from 1 December 2015. On 19 March 2018, Mr. Li Liufa has been appointed as a director, the chairman and the legal representative of Shandong Shanshui Cement Group Company Limited.

Mr. Zhu Linhai joined the Blake Dawson Waldron in 1997 and worked as a consultant on Chinese legal affairs in Sydney. Mr. Zhu Linhai has become a senior partner in Allbright Law Offices since 2000. The Board of the Company announces that with effect from 19 March 2018: Mr. Liu Yiu Keung, Stephen has resigned as the chairman of the nomination committee and the chairman of executive committee of the Board; Mr. Li Zhiqiang and Mr. Li Heping have resigned as members of the executive committee of the Board; Mr. Li Liufa has been appointed as the chairman of the nomination committee and the chairman of the executive committee of the Board; and Mr. Zhu Linhai has been appointed as a member of the executive committee of the Board.