China Shanshui Cement Group Limited announced that on April 4, 2018, the company, as borrower, entered into a loan agreement with Tianrui Group Company Limited, as lender, pursuant to which Tianrui Group has agreed to grant a loan facility in the principal amount of USD 18.75 million to the company, which is unsecured, interest free and has no fixed repayment terms, for the repayment of the interest of the Notes. The company has already paid the interest of the Notes in full due on March 12, 2018. As of the date of this announcement, Tianrui Group has in aggregate already extended loans of approximately RMB 828 million to the company, which is unsecured, interest free and has no fixed repayment terms. All other terms and conditions of the Notes remain unchanged as stated in the company's announcements dated June 30, 2016, July 15, 2016 and October 28, 2016. Further announcements will be made by the company as and when there are any material developments on the settlement of the Notes.