China VAST Industrial Urban Dev : POSITIVE PROFIT ALERT.

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China VAST Industrial Urban Development Company Limited

中國宏泰產業市鎮發展有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6166) POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

The Board wishes to inform the shareholders of the Company and potential investors that, based on the preliminary assessment on the unaudited consolidated management accounts of the Group and information currently available to the Board, the Group is expected to record an increase of not less than 100% in the net profit attributable to equity holders of the Company for the six months ended 30 June 2017 as compared to the corresponding period last year.

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

This announcement is made by China VAST Industrial Urban Development Company Limited (the "Company", together with its subsidiaries, the "Group") 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 under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

The board (the "Board") of directors of the Company (the "Directors") wishes to inform the shareholders of the Company and potential investors that, based on the preliminary assessment on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 and information currently available to the Board, the Group is expected to record an increase of not less than 100% in the net profit attributable to equity holders of the Company for the six months ended 30 June 2017 as compared to the corresponding period last year, which was mainly due to the increase in the income arising from industrial park development of the Group.

As the Company is still in the process of finalizing the consolidated interim results of the Group for the six months ended 30 June 2017, the information contained in this announcement is only based on the preliminary assessment by the Board of the unaudited consolidated management accounts of the Group, which has not been audited or reviewed by the Company's auditor, and other information currently available to the Board. Shareholders of the Company and potential investors are advised to read carefully the announcement of the interim results of the Group for the six months ended 30 June 2017 which is expected to be released in August 2017.

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

By Order of the Board

China VAST Industrial Urban Development Company Limited Wang Jianjun

Chairman

Hong Kong, 25 July 2017

As at the date of this announcement, the executive directors of the Company are Mr. WANG Jianjun, Mr. YANG Yun, Mr. WANG Yagang, Mr. HUANG Peikun; the non-executive director is Ms. ZHAO Ying; and the independent non-executive directors are Ms. ZHANG Xiaomei, Mr. WEI Yu and Dr. WONG Wing Kuen, Albert.