Results for the year ended 31 December 2018

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安徽海螺水泥股份有限公司

ANHUI CONCH CEMENT COMPANY LIMITED

(a joint stock limited company incorporated in the People's Republic of China)

(Stock Code: 00914)

Results for the year ended 31 December 2018

Revenue of the Company for the year 2018 amounted to approximately RMB128,402.63 million (in accordance with the International Financial Reporting Standards ("IFRSs")), representing an increase of 70.50% over that of 2017.

Net profit attributable to equity shareholders of the Company for the year 2018 amounted to approximately RMB 29,858.3 million (in accordance with the IFRSs), representing an increase of 87.80% over that of 2017.

Earnings per share for the year 2018 were RMB5.63 (in accordance with the IFRSs), representing an increase of 87.80% over that of 2017.

Unless otherwise stated, the currency unit in this announcement is Renminbi ("RMB"), the lawful currency of the People's Republic of China ("PRC"). Unless otherwise stated, the financial information in this announcement is prepared in accordance with the China Accounting Standards for Business Enterprises (2006) ("PRC Accounting Standards").

I. Basic Corporate Information of the Company

1.

Basic information

2. Contact persons and means of contact

II. Summary of Accounting Data and Operation Information

1. Financial Summary prepared in accordance with the IFRSs (for the year ended 31 December)

(Unit: RMB'000)

Item

2018

2017

2016

2015

2014

Revenue

128,402,626

75,310,820

55,931,901

• 50,976,036 60,758,501

  Net profit attributable to equity shareholders of the Company

  29,858,303

  15,898,689

  8,573,868

• 7,538,700 10,980,917

  Total assets

  Total liabilities

  149,547,352 33,358,169

  122,142,585 30,453,291

  109,514,121 29,536,289

• 105,781,392 102,253,097

• 32,236,883 33,026,013

2. Accounting data prepared in accordance with the PRC Accounting Standards (major accounting data and financial indicators for the preceding three years)

Table 1:

(Unit: RMB'000)

(Unit: RMB'000)

Ⅲ. Shareholders

1. Shareholders

(1) As at 31 December 2018, the total number of registered shareholders of the Company was 97,046 of which 91 were registered holders of H Shares. As at 28 February 2019, the total number of registered shareholders of the Company was 78,514 of which 94 were registered holders of H Shares.

(2) As at 31 December 2018, the shareholdings of the top 10 registered shareholders of the Company are set out as follows:

Notes:

• (1) During 1 January 2018 to 31 December 2018 ("the Reporting Period"), there was no change in the

  number of the shares of the Company held by Conch Holdings. The shares held by Conch Holdings were

  not subject to any pledge, freezing order or trust.

• (2) HKSCC Nominees Limited held 1,298,343,633 H Shares, representing 24.50% of the total share capital

  of the Company, and 99.90% of the issued H Shares of the Company. These shares were held on behalf of

  its various clients.

• (3) 45,000,000 floating shares of the Company held by Anhui Conch Venture Investment Co., Ltd. which

  were pledged to Guoyuan Securities Company Limited on 23 May 2017 were released during the

  Reporting Period.

• (4) All the above shares are floating shares not subject to trading restrictions.

• (5) The board ("Board") of directors ("Directors") of the Company is not aware of any connected relationship

  or acting in concert relationship among the above-mentioned shareholders.

2. Information on the controlling shareholder and de facto controller

During the Reporting Period, there was no change in the controlling shareholder and de facto controller of the Company.

As at 31 December 2018, Conch Holdings was the controlling shareholder of the Company and State-owned Assets Supervision and Administration Commission of Anhui Province was the de facto controller of the Company. The shareholding relationship structure between the Company and its de facto controller is set out as follows:

State-owned Assets Supervision and Administration Commission of Anhui Province

100%

Anhui Provincial Investment Group Holdings Co., Ltd.

51%

Anhui Conch Holdings Company Limited

36.40%

Anhui Conch Cement Company Limited

3. Purchase, sale or redemption of listed securities

During the Reporting Period, neither the Company nor its subsidiaries purchased, sold or redeemed any listed securities of the Company.