Jujiang Construction Group Co., Ltd. — Earnings Release 2025

Mar 15, 2026

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.

互匠建设

JUJIANG CONSTRUCTION GROUP

Jujiang Construction Group Co., Ltd.

互匠建設集團股份有限公司

(A joint stock limited liability company established in the People's Republic of China) (Stock Code: 1459)

PROFIT WARNING

The following is published by Jujiang Construction Group Co., Ltd. (the "Company", together with its subsidiaries, the "Group") in accordance with Rule 13.09(2)(a) 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 (the "Board") of directors (the "Director(s)") of the Company wishes to inform the shareholders and potential investors of the Company that, based on a preliminary review of the latest available unaudited consolidated management accounts of the Company, the Group is expected to record a net loss between RMB42.0 million and RMB50.0 million for the year ended 31 December 2025 (the "Year") as compared to a net profit of approximately RMB13.7 million for the year ended 31 December 2024 (the "Previous Year"). The Board noted that the anticipated shift from profit to loss was primarily attributable to: (i) a decrease in both revenue and gross profit of the Group by approximately $30.0\%$ to $40.0\%$ for the Year, compared to figures of approximately RMB6,780.7 million and RMB277.5 million, respectively, for the Previous Year, largely as a result of the general downturn in the property market and a reduction in the net value of new projects undertaken by the Group during the Year and (ii) an increase in deferred tax expense arising from the written-down and non-recognition of certain defer tax assets due to insufficient future taxable profits.

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The Company is in the course of finalising the consolidated annual results of the Group for the Year. The information contained in this announcement is based solely on the preliminary assessment by the Board with reference to the latest available unaudited consolidated management accounts of the Group for the Year and the information currently available, which have not been confirmed, reviewed or audited by the Company's auditors or audit committee of the Company, and may be subject to adjustments. The actual financial results of the Group for the Year may differ from what is disclosed in this announcement. Shareholders and potential investors of the Company are advised to carefully read the annual results announcement of the Group for the Year, which is expected to be published by or before 31 March 2026.

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

On behalf of the Board
Jujiang Construction Group Co., Ltd.
Mr. Lyu Yaoneng
Chairman

Zhejiang Province, the PRC, 15 March 2026

As of the date of this announcement, the Board of the Company comprises Mr. Lyu Yaoneng, Mr. Lyu Dazhong, Mr. Li Jinyan, Mr. Lu Zhicheng, Mr. Shen Haiquan and Mr. Zheng Gang, as executive Directors; and Mr. Ma Tao, Mr. Wang Xinglong and Ms. Lam Fei Sui, as independent non-executive Directors.

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