CITIC Dameng : INSIDE INFORMATION ANNOUNCEMENT IN RELATION TO THE IMPACTS OF EARTHQUAKE AT JINGXI CITY, GUANGXI ZHUANG AUTONOMOUS REGION ON THE COMPANY

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.

CITIC Dameng Holdings Limited

中 信 大 錳 控 股 有 限 公 司 *

(incorporated in Bermuda with limited liability)

(Stock Code: 1091)

INSIDE INFORMATION

ANNOUNCEMENT IN RELATION TO THE IMPACTS OF EARTHQUAKE AT

JINGXI CITY, GUANGXI ZHUANG AUTONOMOUS REGION ON THE COMPANY

This announcement is made by the board of directors (the "Board") of CITIC Dameng Holdings Limited (the "Company" and together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) 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 in the Listing Rules) under Part XIVA of Securities and Future Ordinance (Chapter 571, Laws of Hong Kong).

On 25 November 2019, a 5.2-magnitude earthquake struck Jingxi City, Guangxi Zhuang Autonomous Region (the "Earthquake"), with a depth of 10 km. CITIC Dameng Mining Industries Co., Limited ("CDM", an indirectly wholly-owned subsidiary of the Company), located at Xialei Town, Daxin County nearby Jingxi City, was affected by the Earthquake. Some buildings, roads and related facilities in its production area were damaged, and Daxin mine and its production were therefore temporarily suspended. Details of losses require further assessment and verification.

For CDM, an employee who was working on the ground surface suffered from minor injuries in the Earthquake but there were no other fatalities or serious injuries.

Immediately after the Earthquake, CDM had taken appropriate measures and the main roads of the mine were reopened that night and its power supply has now been restored. Meanwhile, CDM is working with the government to carry out disaster monitoring and emergency recovery works, and is endeavored to resume full production shortly.

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The Company will publish further announcement regarding the progress of the Earthquake in accordance with the Listing Rules as and when appropriate (if necessary).

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

By order of the Board

CITIC DAMENG HOLDINGS LIMITED

Guo Aimin

Chairman

Hong Kong, 29 November 2019

As at the date of this announcement, the executive Directors are Mr. Guo Aimin and Mr. Li Weijian; the non-executive Directors are Mr. Suo Zhengang, Mr. Lyu Yanzheng, Mr. Cheng Zhiwei and Ms. Cui Ling; and the independent non-executive Directors are Mr. Lin Zhijun, Mr. Tan Zhuzhong and Mr. Wang Zhihong.

*For identification purpose only

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