China Shanshui Cement : VOLUNTARY ANNOUNCEMENT - CERTAIN FINANCIAL INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

VOLUNTARY ANNOUNCEMENT

CERTAIN FINANCIAL INFORMATION FOR

THE NINE MONTHS ENDED 30 SEPTEMBER 2019

This announcement is made by China Shanshui Cement Group Limited (the "Company") pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

In order to facilitate timely dissemination of information, the Company's board of directors (the "Board") would like to inform the Company's shareholders and potential investors of the following unaudited consolidated financial information of the Company and its subsidiaries (the "Group") for the nine months ended 30 September 2019, which is extracted from the Group's latest unaudited management accounts and other information currently available:

Condensed Consolidated Balance Sheet

Unit: RMB'000

	(Unaudited)	(Audited)	(Unaudited)
	2019.9.30		2018.12.31	2018.9.30
Current assets	7,516,132	5,858,056	9,880,947
Non-current assets	20,284,112	20,214,657	19,794,891
Current liabilities	12,370,822	13,228,184	18,675,662
Non-current liabilities	3,352,833	3,258,193	5,403,544
Total net assets	12,076,589		9,586,336	5,596,632

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Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income

Unit: RMB'000

	(Unaudited)	(Unaudited)
	January-	January-
	September,	September,
	2019		2018
Operating revenue	16,052,204		12,493,683
Operating cost	(10,573,290)	(8,260,922)
Gross profit	5,478,914		4,232,761
Selling and marketing expenses	(474,479)	(388,209)
Administrative expenses	(1,089,862)	(879,683)
Loss arising from cessation of production facilities	(458,273)	(446,937)
Other net revenue	314,175		344,063
Operating profit	3,770,475		2,861,995
Finance costs	(357,863)	(567,394)
Share of profit of associates	36,840		24,593
Profit before taxation	3,449,452		2,319,194
Income tax expense	(879,923)	(626,557)
Profit for the period	2,569,529		1,692,637
Attributable to:
Equity shareholders of the Company	2,499,949		1,705,810
Non-controlling interests	69,580		(13,173)
Profit for the period	2,569,529		1,692,637

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		(Unaudited)		(Unaudited)
		January-		January-
		September,		September,
		2019	2018
Other comprehensive income/(loss) for the period
Item that may be reclassified subsequently to profit or loss:
Exchange differences on translation of:
Financial statements of overseas subsidiaries	5,276	(247,869)
		5,276	(247,869)
Total comprehensive income for the period	2,574,805	1,444,768
Attributable to:
Equity shareholders of the Company	2,505,225	1,457,941
Non-controlling interests	69,580	(13,173)
Comprehensive income for the period	2,574,805	1,444,768

The Board wishes to emphasise that the preliminary unaudited financial information set out above is extracted directly from the latest unaudited management accounts of the Group and subject to, among others, further review by the Company and any potential adjustments that might be proposed by the independent auditor and has not been reviewed by the audit committee of the Board, nor has it been reviewed or audited by the independent auditor. The preliminary unaudited financial information above is not based on any data or information that has been audited, reviewed or approved by the independent auditor, the audit committee of the Board and the Company. The Board cannot guarantee the preliminary unaudited financial information set out above truly reflects the financial performance and condition of the Group and such information might be misleading if any potential adjustments have not been taken into account. The shareholders and holders of other securities of the Company and potential investors should exercise extreme caution when considering the preliminary unaudited financial information disclosed above.

Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.

By Order of the Board

China Shanshui Cement Group Limited

CHANG Zhangli

Chairman

Hong Kong, 15 October 2019

As at the date of this announcement, the Board comprises two executive directors, namely Mr. CHANG Zhangli and Ms. WU Ling-ling; and three independent non-executive directors, namely Mr. CHANG Ming-cheng, Mr. LI Jianwei and Mr. HSU You-yuan.

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