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

(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 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, Shanghai Jin Jiang Online Network Service Company Limited (formerly known as Shanghai Jin Jiang International Industrial Investment Company Limited) (''Jin Jiang Online'', Shanghai Stock Exchange Stock Code: 600650/900914), a subsidiary of the Company, in which the Company holds a 39.26% interest, and Shanghai Jin Jiang International Travel Co., Ltd. (''Jin Jiang Travel'', Shanghai Stock Exchange Stock

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Code: 900929), a subsidiary of the Company, in which the Company holds a 50.21% interest, published their respective unaudited 2021 first quarterly reports on 29 April 2021, the major contents of which are cited as follows:

1. JIN JIANG HOTELS

Unit: Yuan Currency: RMB

	As at the end of the
	reporting period
	(31 March 2021)
Total assets	52,201,604,388.04
Net assets attributable to
shareholders of Jin Jiang Hotels	16,816,237,577.36
Total share capital as at the end of
the period	1,070,044,063
	From the beginning
	of the year to
	the end of the
	reporting period
	(1 January 2021 to
	31 March 2021)
Net cash flow generated from
operating activities	-496,203,675.90
Operating revenue	2,299,707,702.89
Net profit attributable to
shareholders of Jin Jiang Hotels	-182,702,093.36
Net profit attributable to
shareholders of Jin Jiang Hotels
after deducting non-recurring
profit/loss	-161,159,309.98
Weighted average return on net assets
(%)	-1.53
Basic earnings per share
(Yuan/share)	-0.1836
Diluted earnings per share
(Yuan/share)	N/A

As at the end of last year (31 December 2020)

38,636,562,063.46

12,709,518,765.44

957,936,440

From the beginning of last year to the end of the

reporting period of last year (1 January 2020 to

31 March 2020)

-1,350,010,317.53

2,189,016,422.49

170,555,962.21

-93,630,143.22

1.29

0.1780

N/A

Increase/decrease as at the end of the reporting period as compared to the end of last year (%)

35.11

32.31

11.70

Increase/decrease as compared to the same period last year (%)

N/A

5.06

-207.12

N/A Decreased by 2.82 percentage points

-203.15

N/A

Note: Investors are reminded that the above figures are extracted from the unaudited 2021 first quarterly report of Jin Jiang Hotels, a subsidiary of the Company, rather than the 2021 first quarterly report of the Company.

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II. JIN JIANG ONLINE

	As at the end of the
	reporting period
	(31 March 2021)
Total assets	5,282,842,643.28
Net assets attributable to
shareholders of Jin Jiang Online	3,533,045,318.04
	From the beginning
	of the year
	to the end of the
	reporting period
	(1 January 2021 to
	31 March 2021)
Net cash flow generated from
operating activities	-22,562,289.91
Operating revenue	707,364,171.91
Net profit attributable to
shareholders of Jin Jiang Online	40,107,619.60
Net profit attributable to
shareholders of Jin Jiang Online
after deducting non-recurring
profit/loss	39,090,859.74
Weighted average return on net assets
(%)	1.13
Basic earnings per share
(Yuan/share)	0.0727
Diluted earnings per share
(Yuan/share)	N/A

Unit: Yuan Currency: RMB

	Increase/decrease as
	at the end of the
As at the end	reporting period as
of last year	compared to the end
(31 December 2020)	of last year (%)
5,158,991,115.49	2.40
3,546,474,549.67	-0.38

From the beginning of last year to the end of the

reporting period

of last year Increase/decrease as (1 January 2020 to compared to the same 31 March 2020) period last year (%)

-21,692,581.73N/A

500,938,481.6641.21

39,827,845.920.70

51,001,481.46-23.35 Decreased by 0.02

1.15 percentage points

0.07220.69

N/AN/A

Note: Investors are reminded that the above figures are extracted from the unaudited 2021 first quarterly report of Jin Jiang Online, a subsidiary of the Company, rather than the 2021 first quarterly report of the Company.

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III. JIN JIANG TRAVEL

	As at the end of the
	reporting period
	(31 March 2021)
Total assets	1,036,454,159.21
Net assets attributable to
shareholders of Jin Jiang Travel	782,796,605.65
	From the beginning
	of the year
	to the end of the
	reporting period
	(1 January 2021 to
	31 March 2021)
Net cash flow generated from
operating activities	-11,491,030.01
Operating revenue	46,634,929.38
Net profit attributable to
shareholders of Jin Jiang Travel	-7,081,455.11
Net profit attributable to
shareholders of Jin Jiang Travel
after deducting non-recurring
profit/loss	-8,748,523.53
Weighted average return on net assets
(%)	-0.95
Basic earnings per share
(Yuan/share)	-0.0534
Diluted earnings per share
(Yuan/share)	N/A

Unit: Yuan Currency: RMB

	Increase/decrease as
	at the end of the
As at the end	reporting period as
of last year	compared to the end
(31 December 2020)	of last year (%)
1,027,516,257.90	0.87
748,471,716.87	4.59

From the beginning of last year to the end of the

reporting period of

last year Increase/decrease as (1 January 2020 to compared to the same 31 March 2020) period last year (%)

-9,533,062.50N/A

116,630,823.23-60.01

8,296,754.44N/A

1,827,499.35N/A Decreased by 1.91

0.96 percentage points

0.0626N/A

N/AN/A

Note: Investors are reminded that the above figures are extracted from the unaudited 2021 first quarterly report of Jin Jiang Travel, a subsidiary of the Company, rather than the 2021 first quarterly 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, 29 April 2021

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As at the date of this announcement, the executive directors of the Company are 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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