Jujiang Construction Group Co., Ltd. — Major Shareholding Notification 2016

Feb 4, 2016

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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Jujiang Construction Group Co., Ltd. 巨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)

HIGH CONCENTRATION OF SHAREHOLDING

This announcement is made by the Company at the request of the Stock Exchange in respect of the concentration of the shareholding of the Company in the hands of a small number of shareholders as at 25 January 2016.

In view of the high concentration of shareholding in a small number of shareholders, shareholders and prospective investors should be aware that the price of the H Shares could fluctuate substantially even with a small number of H Shares traded, and should exercise extreme caution when dealing in the H Shares.

This announcement is made at the request of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) in respect of the concentration of the shareholding of Jujiang Construction Group Co., Ltd. (the “ Company ”) in the hands of a small number of shareholders of the Company (the “ Shareholders ” and each a " Shareholder ") as at 25 January 2016.

HIGH CONCENTRATION OF SHAREHOLDING

The Company noted that an announcement has been published by the Securities and Futures Commission (the “ SFC ”) on 4 February 2016 (the “ SFC Announcement ”).

As disclosed in the SFC Announcement, the SFC has recently completed an enquiry into the shareholding of the Company. SFC's findings suggested that as at 25 January 2016, a group of 20 shareholders held an aggregate of 115,612,000 H shares of the Company (the " H Shares " and each a " H Share "), representing 86.69% of the issued H Shares. As such, only 17,748,000 H Shares (representing 13.31% of the issued H Shares) were in the hands of other investors as at 25 January 2016.

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As set out in the SFC Announcement, the shareholding structure of the Company as at 25 January 2016 was as follows (Note 1 & 2):

		% of total
	Number of H	number of issued
	Shares held	H Shares
	(shares)	(%)
A group of 20 Shareholders_(Note 3)_	115,612,000	86.69
Other Shareholders	17,748,000	13.31
	133,360,000	100.00

• Note 1: Other than the H Shares, the Company has issued 400,000,000 domestic shares of the Company which are currently not listed or traded on any stock exchange.

• Note 2: SFC's findings further suggested that as at 25 January 2016, the 20 shareholders held an aggregate of 115,612,000 H shares, representing 21.68% of the total issued shares of the Company. Such shareholding, together with the 400,000,000 domestic shares of the Company (representing 75% of the total issued shares) held by 2 substantial shareholders of the Company, represented 96.68% of the total issued shares of the Company.

• Note 3: 111,134,000 H shares (representing 83.33% of the issued H Shares) were held by 16 shareholders who initially obtained 113,476,000 H shares through the international offer of the Company’s global offering.

The Company was listed on the Main Board of the Stock Exchange on 12 January 2016 by way of global offering for a total of 133,360,000 H Shares, representing 25% of the total issued shares, at an offer price of HK$1.35 per H Share. H Share price closed at HK$1.90 on the first day of trading.

During the period from 13 January to 25 January 2016, the closing price of the H Shares increased further to close at HK$6.59 on 25 January 2016, which represented an increase of 388% from the offer price of HK$1.35.

As at 3 February 2016, the H Share price of the Company closed at HK$5.01, representing an increase of 271% from the offer price of HK$1.35 per H Share.

The information above is extracted from the SFC Announcement and the board of directors of the Company (the “ Board ”) has not independently verified such information. Please also refer to the SFC Announcement for further information.

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PUBLIC FLOAT

Based on the information available and to the best knowledge of the Board after making all reasonable enquiries, as at 25 January 2016 and the date of this announcement, the Company confirms that not less than 25% of the issued H Shares are held in the public hands and the Company has maintained a sufficient public float as required under the Rules Governing the Listing of Securities on the Stock Exchange.

In view of the high concentration of shareholding in a small number of Shareholders, Shareholders and prospective investors should be aware that the price of the H Shares could fluctuate substantially even with a small number of H Shares traded, and should exercise extreme caution when dealing in the H Shares.

By order of the Board of Directors Jujiang Construction Group Co., Ltd. Mr. Lv Yaoneng Chairman

Hong Kong, 4 February 2016

As of the date of this announcement, the Board of the Company comprises Mr. Lv Yaoneng, Mr. Lv Dazhong, Mr. Li Jinyan, Mr. Lu Zhicheng, Mr. Shen Haiquan and Mr. Zheng Gang, as executive Directors; and Mr. Xu Guoqiang, Mr. Lin Tao, and Mr. Wong Kai Wai, as independent non-executive Directors.

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