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Investor Presentaiton

(RMB million) (RMB million) Dredging Financial Performance - Revenue¹ Growth rate = 5.4% 40,000 32,796 30,000 20,000 10,000 2018 34,578 2019 Segment Result 1,2 Growth rate = (0.5%) 4,000 5.4% 5.1% 6.0% 3,000 4.0% 2,000 1,769 1,761 2.0% 1,000 0 2018 0.0% 2019 Notes: 1 中国交建 2 CHINA COMMUNICATIONS CONSTRUCTION -Segment result margin (RMB million) Gross Profit¹ Growth rate (7.7%) = 14.4% 8,000 12.6% 15.0% 6,000 4,717 4,356 10.0% 4,000 5.0% 2,000 0.0% 2018 2019 Gross profit margin REMARKS ◆ The decrease in gross profit and gross profit margin was primarily attributable to the fluctuation of market environment, and large projects not entering construction peak. All figures are before elimination of inter-segment transactions and unallocated costs Segment result = revenue - cost of sales - selling and marketing expenses - administrative expenses + other income/ (expenses), net 13
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