Putian Communication Group Limited — Earnings Release 2020

Aug 25, 2020

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.

Putian Communication Group Limited 普天通信集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 1720)

PROFIT WARNING

This announcement is made by Putian Communication Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 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 in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors (the “ Board ”) of the Company wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on the preliminary assessment of the information currently available to the Board, including the unaudited consolidated management accounts of the Group for the six months ended 30 June 2020 (the “ Current Period ”), the Group’s unaudited consolidated profit and total comprehensive income for the Current Period is expected to record a substantial decrease of approximately 52.3% as compared with the same for the six months ended 30 June 2019 (the “ Last Period ”).

Such decrease was mainly due to the adverse impact brought by the outbreak of COVID-19. Some construction works of the telecommunication network in China had been slow down or even suspended temporarily in the first quarter of 2020 and gradually resumed to normal from the second quarter of 2020. The outbreak of COVID-19 interrupted the Group’s production, supply chains and sale activities, which adversely affected the Group’s business performance. Based on the currently available information, the Group recorded a decrease of approximately 31.4% in turnover and a decrease of approximately 52.3% in the unaudited consolidated profit and total comprehensive income for the Current Period as compared to the Last Period.

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The Group is still in the process of finalising its interim results for the Current Period. The information contained in this announcement is only based on the preliminary assessment by the Board with reference to the information currently available, including the unaudited consolidated management accounts of the Group for the Current Period, which have not been reviewed or audited by the Company’s auditor or reviewed by the audit committee of the Company and are subject to adjustment. Shareholders and potential investors are advised to read carefully the interim results announcement of the Company for the Current Period, which is expected to be published by the end of August 2020 in accordance with the Listing Rules.

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

By order of the Board Putian Communication Group Limited Wang Qiuping Chairlady

The PRC, 25 August 2020

As at the date of this announcement, the Board comprises Ms. Wang Qiuping, Mr. Zhao Xiaobao and Ms. Zhao Moge as executive directors of the Company; and Ms. Cheng Shing Yan, Mr. Liu Guodong and Mr. Xie Haidong as independent non-executive directors of the Company.

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