Anhui Conch Cement Company Limited(600585) : Announcement on investment plan of new energy business

Securities code: Anhui Conch Cement Company Limited(600585) securities abbreviation: Anhui Conch Cement Company Limited(600585) Announcement No.: pro 202204 Anhui Conch Cement Company Limited(600585)

Anhui Conch Cement Company Limited

Announcement on new energy business investment plan

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Anhui Conch Cement Company Limited(600585) (hereinafter referred to as “the company”) acquired Anhui Conch new energy Co., Ltd. in August 2021. In order to accelerate the development of the company’s new energy industry, create a new industrial growth pole, practice the green development strategy, implement the relevant national policies of carbon peak and carbon neutralization, and promote the company to accelerate industrial transformation and upgrading, The company has formulated the following investment plans for the development of new energy business in 2022: in 2022, the company will invest 5 billion yuan to develop new energy businesses such as photovoltaic power stations and energy storage projects, so as to realize the full coverage of photovoltaic power generation in subordinate factories. It is expected that by the end of 2022, the installed capacity of photovoltaic power generation will reach 1GW and the annual power generation capacity will reach 1 billion kwh. The above investment plan is based on the objectives of the company’s “14th five year plan” business development strategy and does not constitute a substantive commitment to investors. In the actual implementation process, it may be affected by macroeconomic, industry cycle, operation management and other factors, and the specific implementation progress is uncertain. Please pay attention to the investment risks.

It is hereby announced.

Anhui Conch Cement Company Limited(600585) board of directors March 8, 2022

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