BBMG Corporation — Earnings Release 2018

Jul 16, 2018

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 集 團 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)

POSITIVE PROFIT ALERT OF 2018 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 RMB2,400,000,000 and 2,600,000,000 for the six months ended 30 June 2018, representing an increase between 30% and 41% when compared with the same period of last year.

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 RMB2,400,000,000 and 2,600,000,000 for the six months ended 30 June 2018, representing an increase between 30% and 41% when compared with the same period of last year.

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The Board considers that such increase in the results of the Group for the six months ended 30 June 2018 is mainly due to :

(1) by benefiting from positive effect on the implementation of the country’s strategic plan of “Beijing-Tianjin-Hebei Synergistic Development” and the “Supply Side Structural Reform” of the cement industry, the cement market order of the Company’s core areas has improved continuously. Although the sales volume of cement and clinker has decreased when compared with the same period of last year, the prices for cement and clinker have recorded an increase when compared with the same period of last year. Thus, leading to an increase in profit for the cement companies year-on-year; and

(2) although there was a slight decrease in the booked gross floor area in the first half of 2018, the relatively large increase in booked unit price has led to an increase in profit for the property development companies year-on-year.

The Group recorded net profit attributable to shareholders of the Company for the six months ended 30 June 2017 of approximately RMB1,846,371,200, with basic earnings per share of RMB0.17.

During the six months ended 30 June 2018, the Group has recorded (i) consolidated sales volume of cement and clinker of 39.60 million tonnes (in accordance with the scope of accounting reporting), representing a decrease of 6.24% from the same period of last year of 42.23 million tonnes; (ii) sales volume of concrete of 6.27 million cubic meters, representing a decrease of 4.42% from the same period of last year of 6.56 million cubic meters; and (iii) booked gross floor area of 401.0 thousand sq.m. from property development, representing a slight decrease from the same period of last year of 407.0 thousand sq.m.

The information in this announcement is based on the Company’s preliminary estimations. Detailed financial information of the Group for the six months ended 30 June 2018 will be announced in August 2018, 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, 16 July 2018

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As at the date of this announcement, the executive directors of the Company are Jiang Deyi, Zeng Jin, Wu Dong and Zheng Baojin; the non-executive directors of the Company are Guo Yanming and Yu Zhongfu; and the independent non-executive directors of the Company are Wang Guangjin, Tian Lihui, Tang Jun and Ngai Wai Fung.

• English translation denotes for identification purposes only

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