Expects an Increaseover 40% inNet Profit forInterimResults 2018

HONG KONG,CHINA - Media OutReach - 2 August 2018 - Jujiang ConstructionGroup Co., Ltd.("Jujiang Construction", together with its subsidiaries, the "Group";stock code: 1459) ispleased to announce apositive profit alert. Thenet profit of the Group for the six months ended 30 June 2018 (the "Period") isexpected to increase by at least 40% compared to that for the correspondingperiod of last year.

The increase in the net profit of the Group was mainlyattributable to the significant increase in revenue for the Period as a resultof increase in backlog value on hands as at 31 December 2017 and the newbacklog value from the new contracts signed by the Group for the Period. Duringthe Period, the Group entered into new contracts of aggregated backlog value ofapproximately RMB4.0 billion, representing an increase of over 100% as comparedto that for the corresponding period of last year.

Mr. Lv Yaoneng, Chairman ofJujiang Construction, said, "Looking ahead, as theChinese government continues to push forward with its 'OneBelt, One Road' initiative, along with ongoing urbanization, theconstruction industry, as a traditional industry, will continue to holdtremendous potential for development and a promising future. For the first half year of 2018, we has achieved remarkable results bymaking full use of the Company's own brand superiority and actively expandingnew business areas. Looking forward, we will tone up business expansion andenhance market competitiveness, so as to maximize the return for investors andshareholders."

About JujiangConstruction Group Co., Ltd.

Jujiang Construction wasestablished in 1965 as one of the earliest construction companies in Jiaxing, Zhejiang Province. With more than 50 years' experience in the constructionindustry, the Group has built a successful track record in the industry inwhich the Group operates. The Group provides fully-integrated constructionsolutions, which consist of construction contracting and design, survey andconsultancy services for building construction projects of all types and scalesnationwide. With the Company's development strategy of "major customers", theCompany has not only enhanced good relationship with local customers, but alsoexpanded its engagement with China's top ten real estate companies, such asCountry Garden, Vanke, Sunac etc..