CHINA STATE CONSTRUCTION DEVELOPMENT HOLDINGS LIMITED — Capital/Financing Update 2017

Oct 10, 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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ANNOUNCEMENT

OPERATING INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2017

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

The Company wishes to provide to its shareholders the attached operating information which contains certain operating data of the Group for the nine months ended 30 September 2017 (the “Quarterly Update”). The Quarterly Update is also available on the website of the Company (www.fareastglobal.com).

The Quarterly Update has been prepared based on internal management records of the Group which have not been audited or reviewed by external auditors, and as such the data is for investors’ information only. Such data may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual, semi-annual or quarterly basis due to various uncertainties during the process of collection and collating of such data. The Quarterly Update does not constitute, nor should it be construed as, an offer or solicitation for the purchase or sale of any securities or financial instruments of the Group. It does not and it is not intended to provide any investment service or investment advice.

Shareholders of the Company and potential investors should exercise caution when investing or dealing in the securities of the Company. You are also recommended to consult your own professional or financial advisers if you are in doubt as to your investment positions.

By Order of the Board Far East Global Group Limited Zhou Yong Chairman and Non-executive Director

Hong Kong, 10 October 2017

As at the date of this announcement, the Board comprises Mr. Zhou Yong as Chairman and Non-executive Director; Mr. Zhu Yijian (Vice Chairman and Chief Executive Officer), Mr. Luo Haichuan, Mr. Wang Hai and Mr. Chan Sim Wang as Executive Directors; Mr. Huang Jiang as Non-executive Director; and Mr. Zhou Jinsong, Mr. Hong Winn and Ms. Kwong Sum Yee Anna as Independent Non-executive Directors.

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QUARTERLY UPDATE – OPERATING INFORMATION FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2017

The Group recorded a new contract value of HK$3,182 million in the nine months ended 30 September 2017, representing a growth of 27.8% as compared with the same period last year, and hence achieved an 90.9% completion of the full year target of 2017 (which is not less than HK$3,500 million).

As of 30 September 2017, the on-hand contract value amounted to approximately HK$9,470 million, among which the backlog was approximately HK$5,451 million (representing an increase of 24.2% as compared to the backlog as of 30 September 2016), which meets the Group’s expected future works.

New Contract Awarded

HK$ million	Nine Months ended30 Sep 2017	Nine Months ended30 Sep2016	Change(%)
Greater China*	2,828	1,718	64.6
North America and others	354	772	-54.1
Total	3,182	2,490	27.8

Project in Progress

HK$ million	As of 30 Sep 2017	As of 30 Sep 2017	As of 30 Sep2016	As of 30 Sep2016	Change inBacklog (%)
	Total Value	Backlog	Total Value	Backlog
Greater China*	6,675	4,019	5,666	2,950	36.2
North America and others	2,795	1,432	3,037	1,440	-0.5
Total	9,470	5,451	8,703	4,390	24.2

*Includes general contracting project awarded in Hong Kong

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