China Communications Construction : ANNOUNCEMENT IN RELATION TO KEY OPERATIONAL DATA IN THE FIRST QUARTER OF 2021

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中國交通建設股份有限公司

CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1800)

ANNOUNCEMENT IN RELATION TO KEY OPERATIONAL DATA

IN THE FIRST QUARTER OF 2021

This announcement is made by China Communications Construction Company Limited (the "Company", and together with its subsidiaries, the "Group") pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Hong Kong Laws) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The principal operating status of the Group for the first quarter of 2021 is set out as below, for the purpose of reference for the investors.

1. PRINCIPAL OPERATING STATUS
   In 2021, the Company records notable achievements in market development as it focuses on "big city" and "big transportation" and concentrates on its primary duty and main business.
   From January to March 2021, the value of new contracts of the Group amounted to RMB410,588 million, representing a year-on-year increase of 80.30%, achieving 35% of the Group's annual goal (the estimate assumes 10% of growth on the basis of the value of new contracts in 2020 amounting to RMB1,066,799 million). Wherein, the value of contracts of infrastructure construction business, infrastructure design business, dredging business and other businesses amounted to RMB358,135 million, RMB13,194 million, RMB36,330 million and RMB2,929 million, respectively. The rapid growth of the value of new contracts is mainly attributable to the increase in investment and construction of urban comprehensive development, municipal construction, road and bridge, environmental protection and other related business in the domestic market.

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The value of new contracts of all businesses from overseas markets amounted to RMB58,318 million (equivalent to approximately USD8,451 million), representing a year-on-year increase of 11.89%, accounting for approximately 14% of the Group's new contracts value. Wherein, the value of contracts of infrastructure construction business amounted to RMB57,910 million (equivalent to approximately USD8,392 million).

The confirmed contract value of all businesses from infrastructure and other investment projects amounted to RMB91,161 million (wherein: the confirmed contract value of share participation projects recognized in proportion of shareholding amounted to RMB3,971 million), representing a year-on-year increase of 433.53%, accounting for approximately 22% of the Group's new contracts value. The estimated total investment involved in the above investment projects amounted to RMB122,073 million. During the process of design and construction, the value of construction and installation contracts to be undertaken by the Group was estimated to be RMB68,812 million.

New contracts entered into in the first quarter of 2021

									(unit: RMB million)
									Aggregate
										in the
										same
										period of	Year-
	2021						2020	on-year
Type of business	(January to March)		Aggregate in 2021		(Note)	change
	Number	Amount		Number		Amount		Amount	(%)
Infrastructure
Construction Business	657			358,135	657	358,135	198,142		80.75
Port Construction	124			14,781	124	14,781	10,414		41.93
Road and Bridge
Construction	160			93,388	160	93,388	38,227		144.30
Railway Construction	6			11,101	6	11,101	124		8,852.42
Urban Construction	291			180,955	291	180,955	98,110		84.44
Overseas Projects	76			57,910	76	57,910	51,267		12.96
Infrastructure Design
Business	1,232			13,194	1,232	13,194	5,157		155.85
Dredging Business	261			36,330	261	36,330	22,870		58.85
Other Businesses	N/A			2,929		N/A		2,929		1,550		88.97
Total	N/A	410,588		N/A	410,588	227,719		80.30

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Note: As a result of the business combination of CCCC Tianhe Machinery and Equipment Manufacturing Co., Ltd. ("CCCC Tianhe") under common control in June 2020, the financial results of CCCC Tianhe have been consolidated into that of the Group under the other businesses segment and the data for the corresponding period of the previous year has been adjusted simultaneously. From January to March 2020, CCCC Tianhe recorded a value of new contracts of RMB221 million.

1. MAJOR CONTRACTS SIGNED

The major contracts signed by the Group in January to March 2021 refer to the contracts each of which accounts for more than 10% of the value of the contract for its involved business segment or project type in the quarter with a contract amount of above RMB100 million.

	Major contracts signed
		(unit: RMB million)
			Business
No.	Project Name	Amount	segment
1	Comprehensive Development Project for	42,396	Infrastructure
	Mengyang New Town in Pengzhou City, Chengdu		construction
2	Wastewater Treatment Project in Serbia	22,561	Infrastructure
			construction
3	BOT Project for Chongqing-Wuhan Highway	21,686	Infrastructure
	Expansion, Tongliang-Anyue Highway and		construction
	Chongqing-Luzhou Highway Expansion in
	Chongqing
4	Subic-Clark Railway Project in Philippines	6,478	Infrastructure
			construction
5	Pre-Station Project of Two Sections within Ya'an-	4,732	Infrastructure
	Linzhi Section of the New Sichuan-Tibet Railway		construction
6	CMSG-2 Section of Pre-Station Project for	3,638	Infrastructure
	Ma'anshan Yangtze River Bridge and Connection		construction
	Lines
7	Project for Newly Construction of Hengshui-	2,227	Infrastructure
	Huanghuagang Section of Shijiazhuang-Hengshui-		construction
	Cangzhou-Huanghuagang Intercity Railway
8	EPC Project for Land Formation and Infrastructure	1,966	Infrastructure
	Improvement for Zhoushan Jintang Characteristic		design
	Material Base

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1. PROGRESS OF MAJOR PROJECTS ALREADY SIGNED BUT NOT YET CONSTRUCTED
   The Group currently has no major projects already singed but not yet constructed.

The above operational indicators and data are preliminary statistics of the Group, which may be different from those data to be disclosed in the periodic reports, and therefore are only for reference purpose.

By Order of the Board

China Communications Construction Company Limited

ZHOU Changjiang

Company Secretary

Beijing, the PRC

26 April 2021

As at the date of this announcement, the Directors are WANG Tongzhou, LIU Maoxun, HUANG Long#, ZHENG Changhong# and NGAI Wai Fung#.

• Independent non-executive Director

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