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.

Shanghai Jin Jiang International Hotels (Group) Company Limited*

上 海 錦 江 國 際 酒 店( 集 團 )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 A SUBSIDIARY

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 Travel Co., Ltd. (''Jin Jiang Travel'', Shanghai Stock Exchange Stock Code: 900929), a subsidiary of Shanghai Jin Jiang International Hotels (Group) Company Limited (the ''Company''), in which the Company holds a 50.21% interest, published its audited 2018 annual report on 28 March 2019. The major contents of which are cited as follows:

Unit: Yuan

Currency: RMB

Increase/

decrease for the

Major accounting data and

year as compared

summary of financial indicators

2018

2017

to last year (%)

Total assets

1,448,480,205.60

1,603,039,374.36

-9.64

Operating revenue

1,519,627,495.36

1,710,185,432.74

-11.14

Net profit attributable to

shareholders of Jin Jiang Travel

63,467,905.06

61,228,732.75

3.66

Net profit attributable to

shareholders of Jin Jiang Travel

after deducting non-recurring

profit/loss

-99,069,255.14

-2,011,245.10

Not applicable

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Increase/

decrease for the

Major accounting data and

year as compared

summary of financial indicators

2018

2017

to last year (%)

Net assets attributable to

shareholders of Jin Jiang Travel

861,523,048.63

1,147,555,643.09

-24.93

Net cash flow generated from

operating activities

-72,719,875.31

-53,436,817.99

Not applicable

Basic earnings per share

(Yuan/share)

0.4788

0.4619

3.66

Diluted earnings per share

(Yuan/share)

Not applicable

Not applicable

Not applicable

Increased by

Weighted average return on net

0.65 percentage

assets (%)

5.89

5.24

point

Note: Investors are reminded that the above figures are extracted from the 2018 annual report of Jin Jiang Travel, a subsidiary of the Company, rather than the 2018 annual report of the Company.

By Order of the Board

Shanghai Jin Jiang International Hotels (Group) Company Limited*

Zhang Jue

Joint Company Secretary

Shanghai, the People's Republic of China, 28 March 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. Zhang Qian and Mr. Ma Mingju, and the independent non-executive directors of the Company are Mr. Ji Gang, Dr. Rui Mingjie, Dr. Tu Qiyu, Dr. Xu Jianxin, Mr. Xie Hongbing and Dr. He Jianmin.

*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 International Hotels (Group) Company Limited''.

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Shanghai Jin Jiang International Hotels (Group) Co. Ltd. published this content on 28 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 March 2019 16:30:03 UTC