Metallurgical of China : OVERSEAS REGULATORY ANNOUNCEMENT - ANNOUNCEMENT ON MAJOR OPERATING INFORMATION FOR THE SECOND QUARTER OF 2020

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OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The following is the full text of the information published by Metallurgical Corporation of China Ltd.* (the "Company") on the website of the Shanghai Stock Exchange on 28 August 2020 for information purpose only.

By order of the board of directors

Metallurgical Corporation of China Ltd.*

Zeng Gang

Joint Company Secretary

Beijing, the PRC

28 August 2020

As at the date of this announcement, the board of directors of the Company comprises two executive directors: Mr. Guo Wenqing and Mr. Zhang Zhaoxiang; four independent non-executive directors: Mr. Zhou Jichang, Mr. Yu Hailong, Mr. Ren Xudong and Mr. Ng, Kar Ling Johnny; and one non-executive director: Mr. Lin Jinzhen.

• For identification purposes only

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A Share Abbreviation: MCC

Stock Code (A share): 601618

Announcement No.:Lin 2020-066

METALLURGICAL CORPORATION OF CHINA LTD.*

ANNOUNCEMENT ON MAJOR OPERATING INFORMATION FOR

THE SECOND QUARTER OF 2020

The board of directors and all directors of Metallurgical Corporation of China Ltd.* (the "Company") warrant that the contents of this announcement do not contain any misrepresentation, misleading statement or material omission, and accept several and joint responsibilities for the truthfulness, accuracy and completeness of the contents of this announcement.

The aggregate value of newly-signed contracts of the Company for the second quarter of 2020 amounted to RMB290.62 billion, representing a year-on-year increase of 45.8%, among which, engineering and construction contracts amounted to RMB281.02 billion. Among the engineering and construction contracts, 647 contracts are of a single contract value of RMB50 million or above, with an aggregate contract value of RMB269.46 billion. The major operating data of newly-signed engineering and construction contracts with contract value of RMB50 million or above are set out as follows:

	April to June 2020		Accumulation in the first half of 2020
	Number		Amount		Number		Amount
	of newly-		of newly-		of newly-		of newly-		Year-
	signed		signed		signed		signed		on-year
Business segment	contracts		contracts		contracts		contracts		changes
			(RMB100				(RMB100
			million)				million)
Housing construction	315	1,668.9	555	2,584.1	38.6%
Infrastructure projects	95	424.7	156	659.6	6.3%
Metallurgical projects	123	319.2	240	531.4	-4.8%
Others	114	281.8	193	527.1	23.8%
Total	647	2,694.6	1,144	4,302.2	24.0%

The Company does not have any material projects signed but not yet implemented as of 30 June 2020.

Announcement is hereby given.

The board of directors of

Metallurgical Corporation of China Ltd.*

28 August 2020

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