Shanghai Jin Jiang Capital : ANNOUNCEMENT INSIDE INFORMATION RESULTS OF SUBSIDIARIES

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Shanghai Jin Jiang Capital Company Limited *

上 海 錦 江 資 本 股 份 有 限 公 司

(formerly known as 上海錦江國際酒店（集團）股份有限公司 (Shanghai Jin Jiang International Hotels

(Group) Company Limited))

(a joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 02006)

ANNOUNCEMENT

INSIDE INFORMATION

RESULTS OF SUBSIDIARIES

This announcement is made pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Shanghai Jin Jiang International Hotels Company Limited (formerly known as 上海錦江 國際酒店發展股份有限公司 Shanghai Jin Jiang International Hotels Development Company Limited) (''Jin Jiang Hotels'', Shanghai Stock Exchange Stock Code: 600754/900934), a subsidiary of Shanghai Jin Jiang Capital Company Limited (the ''Company'') in which the Company holds a 50.32% interest, and Shanghai Jin Jiang International Industrial Investment Company Limited (''Jin Jiang Investment'', Shanghai Stock Exchange Stock Code: 600650/900914), a subsidiary in which the Company holds

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a 39.26% interest, have published their unaudited 2019 interim reports on 30 August 2019, respectively, the main contents of which are cited as follows:

I.	JIN JIANG HOTELS
			Unit: Yuan	Currency: RMB
				Increase/decrease for
		For the	For the same	the reporting period
		reporting period	period of last year	as compared to the
		(January to June	(January to June	same period last year
Major accounting data	2019)	2018)	(%)
Operating revenue	7,142,862,045.08	6,939,349,148.33	2.93
Net profit attributable to shareholders of
	Jin Jiang Hotels	567,728,824.01	503,408,830.91	12.78
Net profit attributable to shareholders of
	Jin Jiang Hotels after deducting non-
	recurring profit/loss	358,141,802.35	315,587,159.32	13.48
Net cash flow generated from operating
	activities	649,190,259.58	1,541,924,325.84	-57.90
				Increase/decrease as
				at the end of the
				reporting period as
		As at the end of the	As at the end of	compared to
		reporting period	last year	the end of
		(30 June 2019)	(31 December 2018)	last year (%)
Net assets attributable to shareholders of
	Jin Jiang Hotels	12,722,285,017.55	12,621,560,058.91	0.80
Total assets	38,726,104,581.90	40,132,501,034.56	-3.50
				Increase/decrease for
		For the	For the same	the reporting period
		reporting period	period of last year	as compared to the
		(January to June	(January to June	same period last year
Major financial indicators	2019)	2018)	(%)
Basic earnings per share (Yuan/share)	0.5927	0.5255	12.78
Diluted earnings per share (Yuan/share)	N/A	N/A	N/A
Basic earnings per share after deducting
	non-recurring profit/loss (Yuan/share)	0.3739	0.3294	13.48
Weighted average return on			Increased by 0.36
	net assets (%)	4.39	4.03	percentage point
Weighted average return on net assets
	after deducting non-recurring			Increased by 0.24
	profit/loss (%)	2.77	2.53	percentage point

Note: Investors are reminded that the above figures are extracted from the unaudited 2019 interim report of Jin Jiang Hotels, a subsidiary of the Company, rather than the 2019 interim report of the Company.

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II. JIN JIANG INVESTMENT
		Unit: Yuan	Currency: RMB
			Increase/decrease for
	For the	For the same	the reporting period
	reporting period	period of last year	as compared to the
	(January to June	(January to June	same period last year
Major accounting data	2019)	2018)	(%)
Operating revenue	1,193,937,728.91	1,138,448,274.21	4.87
Net profit attributable to shareholders of
Jin Jiang Investment	162,195,072.01	162,036,048.62	0.10
Net profit attributable to shareholders of
Jin Jiang Investment after deducting
non-recurring profit/loss	140,002,599.93	131,117,018.33	6.78
Net cash flow generated from operating
activities	124,229,376.32	29,754,688.37	317.51
			Increase/decrease as
			at the end of the
			reporting period as
	As at the end of the	As at the end of	compared to
	reporting period	last year	the end of
	(30 June 2019)	(31 December 2018)	last year (%)
Net assets attributable to shareholders of
Jin Jiang Investment	3,392,837,819.43	3,242,861,495.54	4.62
Total assets	4,726,712,845.39	4,510,811,930.06	4.79
			Increase/decrease for
	For the	For the same	the reporting period
	reporting period	period of last year	as compared to the
	(January to June	(January to June	same period last year
Major financial indicators	2019)	2018)	(%)
Basic earnings per share (Yuan/share)	0.294	0.294	0.00
Diluted earnings per share (Yuan/share)	N/A	N/A	N/A
Basic earnings per share after deducting
non-recurring profit/loss (Yuan/share)	0.254	0.238	6.72
Weighted average return on			Decreased by 0.05
net assets (%)	4.82	4.87	percentage point
Weighted average return on net assets
after deducting non-recurring			Increased by 0.22
profit/loss (%)	4.16	3.94	percentage point

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Note: Investors are reminded that the above figures are extracted from the unaudited 2019 interim report of Jin Jiang Investment, a subsidiary of the Company, rather than the 2019 interim report of the Company.

By Order of the Board

Shanghai Jin Jiang Capital Company Limited*

Zhang Jue

Joint Company Secretary

Shanghai, the People's Republic of China, 30 August 2019

As at the date of this announcement, the executive directors of the Company are Mr. Yu Minliang, Ms. Guo Lijuan, Mr. Chen Liming, Mr. Ma Mingju, Ms. Zhou Wei and Mr. Sun Yu; and the independent non-executive directors of the Company are Mr. Ji Gang, Dr. Rui Mingjie and Mr. Shen Liqiang.

• The Company is registered as a non-Hong Kong company as defined in the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) under its Chinese name and the English name ''Shanghai Jin Jiang Capital Company Limited''.

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