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.

(A joint stock limited company incorporated in the People's Republic of China with limited liability and carrying on

business in Hong Kong as 國控股份有限公司 )

(Stock Code: 01099)

ANNOUNCEMENT

PRELIMINARY FINANCIAL DATA OF

SINOPHARM ACCORD

FOR THE SIX MONTHS ENDED 30 JUNE 2020

Reference is made to the overseas regulatory announcement of Sinopharm Group Co. Ltd. (the "Company") dated 17 August 2020 (the "Announcement") in relation to the announcement on preliminary financial data for the six months ended 30 June 2020 of China National Accord Medicines Corporation Ltd. ("Sinopharm Accord"), a subsidiary of the Company and whose A shares and B shares are listed on the Shenzhen Stock Exchange (stock code: 000028 for A shares; 200028 for B shares) (collectively with its subsidiaries, the "Sinopharm Accord Group").

The board of directors of the Company would like to draw the attention of its shareholders and the public investors to the following principal unaudited financial data of Sinopharm Accord for the six months ended 30 June 2020 (the "Reporting Period") as set out in the Announcement.

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PRINCIPAL ACCOUNTING DATA AND FINANCIAL INDICATORS OF SINOPHARM ACCORD

Unit: Unless otherwise stated, in RMB 0'000)

Items

The Reporting

Same period of last year

Change ()

Period

Before

After

adjustment

adjustment

After adjustment

Total Operating

2,716,994.02

2,522,814.74

2,559,919.88

6.14%

Revenue

Operating Profit

101,410.82

95,838.76

95,726.47

5.94%

Total Profit

101,631.93

96,033.65

95,918.89

5.96%

Net profit

attributable to

64,345.16

65,083.34

64,915.44

-0.88%

shareholders of the

listed company

Basic earnings per

1.50

1.52

1.52

-1.32%

share (RMB)

Weighted average

4.91%

5.44%

5.38%

decreased by 0.47

ROE

percentage points

As at the end

As at the beginning of the

Change ()

of the

Reporting Period

Reporting

Before

After

After adjustment

Period

adjustment

adjustment

Total assets

3,766,985.02

3,352,060.91

3,402,884.32

10.70%

Equity

attributable to

1,319,998.31

1,280,641.09

1,291,114.04

2.24%

shareholders of the

listed company

Share capital (in

42,812.70

42,812.70

42,812.70

0.00%

0'000 shares)

Net assets

attributable to

shareholders of the

30.83

29.91

30.16

2.22%

listed company per

share (RMB)

Note 1: In 2020, Sinopharm Accord Group acquired 75.00% equity interest in Shanghai Pudong New area Medical Materials Co., Ltd. (上海浦東新區醫藥藥材有限公司, "Shanghai Pudong") which is under the same

control as the Sinopharm Accord Group. When preparing the comparison table of the consolidated financial statements of Sinopharm Accord Group for the first half year of 2020, it is deemed that Sinopharm Accord Group has consolidated the financial statements of Shanghai Pudong from the date when the ultimate controller of the parties to the transaction controlled Shanghai Pudong, and the financial data of the same period last year is so adjusted.

Note 2: The financial data as at the end of the Reporting Period are filled in according to the consolidated financial statements of Sinopharm Accord.

Note 3: The net profit attributable to the shareholders of the listed company for the Reporting Period decreased by 0.88% as compared to the same period last year, which is mainly due to the fact that the growth

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rate of sales of Sinopharm Accord Group slowed down as affected by the COVID-19 pandemic. The change of the industry policies also narrowed the profitability. As a result, the basic earnings per share has decreased by 1.32% as compared to the same period last year, and the weighted average ROE dropped by 0.47 percentage points as compared to the same period last year.

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.

By order of the Board

Sinopharm Group Co. Ltd.

Li Zhiming

Chairman

Shanghai, the PRC

17 August 2020

As at the date of this announcement, the executive Directors of the Company are Mr. Li Zhiming, Mr. Yu Qingming and Mr. Liu Yong; the non-executive Directors of the Company are Mr. Chen Qiyu, Mr. Ma Ping, Mr. Hu Jianwei, Mr. Deng Jindong, Mr. Wen Deyong, Ms. Guan Xiaohui and Ms. Feng Rongli; and the independent non-executive Directors of the Company are Mr. Yu Tze Shan Hailson, Mr. Tan Wee Seng, Mr. Liu Zhengdong, Mr. Zhuo Fumin and Mr. Chen Fangruo.

  • The Company is registered as a non-Hong Kong company under the Hong Kong Companies
    Ordinance under its Chinese name and the English name "Sinopharm Group Co. Ltd.".

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Sinopharm Group Co. Ltd. published this content on 17 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2020 12:07:06 UTC