BBMG Corporation — Earnings Release 2017

Jul 13, 2017

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.

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北 京 金 隅 股 份 有 限 公 司

*** BBMG Corporation**

(a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 2009)

PRELIMINARY ANNOUNCEMENT OF 2017 INTERIM RESULTS

This announcement is made pursuant to Rule 13.09(2) of the Listing Rules and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board wishes to inform its shareholders and potential investors that, based on the Company’s preliminary estimations and calculations, the Company is expected to record a net profit attributable to shareholders of the Company between RMB1,825,000,000 and 1,900,000,000 for the six months ended 30 June 2017.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by BBMG Corporation* (the “ Company ” and, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the “ Board ”) wishes to inform its shareholders and potential investors that, based on the Company’s preliminary estimations and calculations, the Group is expected to record a net profit attributable to shareholders of the Company between RMB1,825,000,000 and 1,900,000,000 for the six months ended 30 June 2017.

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The Board considers that such increase in the results of the Group for the six months ended 30 June 2017 is mainly due to :

(1) After the restructuring between the Company and Jidong Development Group Co., Ltd. (“ Jidong Group ”), the market order of the Beijing, Tianjin and Hebei Province has improved continuously, the prices for cement and clinker tended to be more rational. With the significant increase in the unit prices for cement and clinker in the first half of 2017 as compared with the same period of last year, the profit for the cement segment increased significantly year-on-year; and

(2) the decrease in booked gross floor area in the first half of 2017 has led to the decrease in profit for the property development segment year-on-year.

The Group recorded net profit attributable to shareholders of the Company for the six months ended 30 June 2016 of approximately RMB1,821,145,300, with basic earnings per share of RMB0.17 (adjusted for bonus issue).

For the six months ended 30 June 2017, the Group recorded (i) consolidated sales volume of cement and clinker of 41.93 million tonnes (in accordance with the scope of accounting reporting), representing an increase of 106.25% from the same period of last year of 20.33 million tonnes; (ii) sales volume of concrete of 6.24 million cubic meters, representing an increase of 10.18% from the same period of last year of 5.66 million cubic meters; and (iii) booked gross floor area of 376.0 thousand sq.m. from property development, representing a decrease of 48.38% from the same period of last year of 728.0 thousand sq.m. The information for the same period of last year was prepared in accordance with the scope of the financial statements and excluded the operating information of Jidong Group for the first half of 2016.

The information in this announcement is based on the Company’s preliminary estimations and calculations and has not been audited or reviewed by the independent auditors of the Company. Detailed financial information of the Group for the six months ended 30 June 2017 will be announced in August 2017, which shall prevail over the information contained herein.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board BBMG Corporation Jiang Deyi* Chairman

Beijing, the PRC, 13 July 2017

As at the date of this announcement, the executive directors of the Company are Jiang Deyi and Wu Dong; the non-executive director of the Company is Guo Yanming; and the independent nonexecutive directors are Wang Guangjin, Tian Lihui, Tang Jun and Ngai Wai Fung.

• English translation denotes for identification purposes only

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