Asia Cement China : SUPPLEMENTAL ANNOUNCEMENT TO PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

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Asia Cement (China) Holdings Corporation

亞 洲 水 泥（中 國）控 股 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 743)

SUPPLEMENTAL ANNOUNCEMENT TO

PUBLICATION OF AUDITED ANNUAL RESULTS ANNOUNCEMENT

FOR THE YEAR ENDED 31 DECEMBER 2020

Reference is made to the announcements made by Asia Cement (China) Holdings Corporation (the "Company") at approximately 14:21 on 1 April 2021 (the "First 1 April Announcement") and at approximately 20:06 on 1 April 2021 (the "Second 1 April Announcement") in relation to the delay in publication of results announcement of audited annual results for the year ended 31 December 2020, publication of unaudited annual results announcement for the year ended 31 December 2020 and suspension of trading.

The Company wishes to clarify in relation to the First 1 April Announcement that, prior to the announcement, the Company, its audit committee and its auditors have been in discussions in relation to additional information requested by the Company's auditor. The Company is not in disagreement with its auditors in relation to the 2020 audited financial statements. The Company's auditor has communicated its requirements to the Company during the course of audit before 31 March 2021, and the Company continues to work with its auditors to provide the necessary information in order for them to be in a position to complete the audit of the annual results of the Company for the year ended 31 December 2020.

In relation to the Second 1 April Announcement, the Company wishes to clarify that it is working to provide the information sought by the auditor in relation to investments in USD Notes totaling USD 368 million made by the Company in October and November 2020 so that its auditors can complete the audit of the annual results of the Company for the year ended 31 December 2020.

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The Company will update the investors of further progress when appropriate.

By Order of the Board

Asia Cement (China) Holdings Corporation

HSU Shu-tong

Chairman

Hong Kong, 6 April 2021

As at the date of this announcement, the Executive Directors are Mr. HSU Shu-ping, Mr. CHANG Tsai-hsiung, Dr. WU Chung-lih, Mr. CHANG Chen-kuen, Mr. LIN Seng-chang and Ms. WU Ling-ling; the Non-Executive Director and Chairman is Mr. HSU Shu-tong; the Independent Non-Executive Directors are Mr. TSIM Tak-lung Dominic, Mr. WANG Wei, Mr. LEE Kao-chao and Dr. WANG Kuo-ming.

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