Metallurgical of China : OVERSEAS REGULATORY ANNOUNCEMENT - BRIEFING ON THE NEWLY SIGNED CONTRACTS FROM JANUARY TO AUGUST IN 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 14 September 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

14 September 2020

As at the date of this announcement, the Board of the Company comprises one executive director: Mr. Guo Wenqing; 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. Yan Aizhong.

• For identification purposes only

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A Share Abbreviation: MCC

Stock Code (A share): 601618

Announcement No.: Lin 2020-072

METALLURGICAL CORPORATION OF CHINA LTD.* BRIEFING ON THE NEWLY SIGNED CONTRACTS FROM JANUARY TO AUGUST IN 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 value of newly signed contracts of the Company from January to August in 2020 amounted to RMB600.34 billion, representing an increase of 27.0% from the same period of last year, among which, the value of overseas contracts amounted to RMB13.18 billion.

In August, newly signed individual material engineering and construction contracts of the Company with value of more than RMB1 billion are set out as follows:

Unit: RMB'00 million

			Contractual
No.	Party to the Contract	Name of Project (Contract)	Amount
1	MCC Capital	General Contract of Annual Production of 2.7 million	96.5
	Engineering	tons of Special Steel by Linyi Iron & Steel Investment
	& Research	Group Special Steel Co., Ltd. ( 臨沂鋼鐵投資集團
	Incorporation	特鋼有限公司年產270 萬噸優特鋼項目總承包
	Limited	合同)
2	WISDRI Engineering	General Contract of Engineering of H1-H4 Land Parcel	29.7
	& Research	for Project of Construction of Residential Buildings
	Incorporation	in Original Area and Ancillary Facilities in Shenjiaji,
	Limited	Jiang'an District, Wuhan City ( 武漢市江岸區諶家
		磯還建住宅及配套設施項目H1-H4 地塊工程總
		承包合同)
3	China MCC 5 Group	EPC General Contract for the Improvement Project of	18.1
	Co., Ltd.	Tourism Services Ancillary (Sun Hotel · Shuijingjing
		Plaza), Nanxun Ancient Town, Huzhou City, Zhejiang
		Province ( 浙江省湖州市南潯古鎮旅遊服務配
		套提升項目（太陽酒店 • 水晶晶廣場)EPC 總承
		包合同)

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			Contractual
No.	Party to the Contract	Name of Project (Contract)	Amount
4	China MCC 5 Group	Exploration - Design - Construction General Contract of	15.7
	Co., Ltd.	Construction Project of Tianfu Art Park • Wenbofang
		Area Site in Chengdu City ( 成都市天府藝術公園 •
		文博坊片區場館建設項目勘察- 設計- 施工總
		承包合同)
5	Huatian Engineering	Steelmaking Engineering Relocation Project for the City	14.9
	& Technology	Steel Plant Relocation of Hebei Tianzhu Steel Group
	Corporation, MCC	Co., Ltd. ( 河北天柱鋼鐵集團有限公司城市鋼
		廠搬遷煉鋼工程項目)
6	CISDI Group Co., Ltd.	Engineering and Contractor Construction Project of	14.3
		Central Hospital Extension (Phase II) in Guangming
		District, Shenzhen City ( 深圳市光明區中心醫院
		續建（二期）工程代建項目)
7	China MCC 17 Group	Jingdezhen Vocational University of Art Project (Phase I)	13.7
	Co., Ltd	- General Contracting Project of Survey, Design and
		Construction in Area A ( 景德鎮藝術職業大學項
		目（一期)-- A 區工程勘察設計採購施工總承
		包項目)
8	China Second	General Contract of Promotion of Supply-side Structural	11.1
	Metallurgical Group	Reform and Implementation of Environmental
	Corporation Limited	Protection Transformation and Upgrading Project and
		Engineering of Comprehensive Raw Materials Factory
		of Kunming Iron & Steel Holdings Co. Ltd. of Wuhan
		Iron and Steel Group ( 武鋼集團昆明鋼鐵股份有
		限公司推進供給側結構性改革實施環保搬遷
		轉型升級項目綜合原料場工程總承包合同)
9	Shanghai Baoye Group	Supplementary Agreement (II) of Modern Urbanization	11.0
	Co., Ltd.	Construction Project (Phase I) Changchun Longxiang
		International Business Center Project (II) in Changchun
		New District (長春新區新型城鎮化建設項目（一期）
		長春龍翔國際商務中心項目補充協議（二))
10	WISDRI Engineering	General Contract of the Steelmaking and Continuous	10.8
	& Research	Casting Project of Henan Angang Zhoukou Iron and
	Incorporation	Steel Co., Ltd. ( 河南安鋼周口鋼鐵有限責任公
	Limited	司煉鋼連鑄項目總承包合同)
11	China MCC 20 Group	EPC General Contract for Survey, Design, Construction	10.5
	Co., Ltd.	and Procurement of the 2017 Renovation Project of
		Cuijia Village area (Phase III) Urban Shanty-town in
		Yanhe County of Guizhou Province ( 貴州省沿河縣
		2017 年崔家村片區（三期）城市棚戶區改造項目
		勘察設計施工採購EPC 總承包合同)

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			Contractual
No.	Party to the Contract	Name of Project (Contract)	Amount
12	Shanghai Baoye Group	Renovation Project of Shanty Town of Shuxiang Beiyuan	10.4
	Co., Ltd.	(Inner-City Villages) in Nehe City, Heilongjiang
		Province ( 黑龍江省訥河市書香北苑（城中村）棚
		戶區改造項目)
13	Shanghai Baoye Group	Engineering and Construction Project of Resettlement	10.4
	Co., Ltd.	Point of Qishanshuijun in Chaohu City, Anhui Province
		( 安徽省巢湖市旗山水郡安置點工程施工項目)
14	Shanghai Baoye Group	Renovation (Tienan Land) Project of Shanty Town in	10.1
	Co., Ltd.	Nehe City, Heilongjiang Province ( 黑龍江省訥河市
		棚戶區改造（鐵南地塊）項目)
Total amount of material contracts with value of more than RMB1 billion	277.2

The information above is preliminary and for investors' reference only. For final information, please refer to the disclosure in the periodic report.

Notice is hereby given.

The board of directors of

Metallurgical Corporation of China Ltd.*

14 September 2020

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