10:08     SINOCHEM HK<00297> - Announcement & Resumption of Trading(8)        

    Public                                                                    
    2,523,840,354                                                             
    68.59                                                                     
    2,523,840,354                                                             
    4.66                                                                      
                                                                              
    Total                                                                     
    3,679,498,284                                                             
    100                                                                       
    54,179,498,284                                                            
    100                                                                       
                                                                              
    Notes:                                                                    
                                                                              
    1.   Assumes (a) save for the Ordinary Shares that might be issued        
    to satisfy the consideration under the Acquisition, no further            
    Ordinary Shares will be issued after the date of this announcement        
    until Completion; and (b) no disposal of shares in the Company            
    by Mr. Chu Yu Lin, David and/or Mrs. Chu Ho Miu Hing between the          
    date of this announcement and Completion.                                 
                                                                              
    2.   Mr. Chu Yu Lin, David is an executive Director and is the            
    husband of Mrs. Chu Ho Miu Hing, also an executive Director.              
                                                                              
    C.   PARTICULARS OF THE FERTILISER GROUP                                  
                                                                              
    Overview                                                                  
                                                                              
    The Fertiliser Group is a leading fertiliser enterprise in the            
    PRC offering a comprehensive range of fertiliser and                      
    agricultural-related products. It is also the largest importer            
    of fertiliser products in the PRC in terms of import volume. The          
    Fertiliser Group is the fertiliser flagship of Sinochem                   
    Corporation, established in 1950, and one of the largest                  
    state-owned enterprises in the PRC in terms of turnover and which         
    is currently a Fortune Global 500 enterprise with global                  
    operations in the petroleum refining, chemicals and fertiliser            
    industries.                                                               
                                                                              
    The Fertiliser Group now operates three principal segments,               
    namely SINOCHEM Procurement, SINOCHEM Production and SINOCHEM             
    Distribution, which together form a vertically-integrated                 
    business operation across the fertiliser supply chain:                    
                                                                              
    SINOCHEM Procurement  sources a variety of products and certain           
    principal raw materials from both overseas and domestic suppliers         
    for sales by SINOCHEM Distribution and production by SINOCHEM             
    Production respectively.                                                  
                                                                              
    SINOCHEM Production  produces phosphate-based fertilisers and             
    compound fertilisers with high nutrient content. As at the date           
    of this announcement, SINOCHEM Production operates seven                  
    production enterprises, including three subsidiaries and four             
    joint venture enterprises for the production of phosphate-based           
    fertilisers and potash fertilisers.                                       
                                                                              
    SINOCHEM Distribution  distributes products sourced by SINOCHEM           
    Procurement and products produced by SINOCHEM Production.                 
    Products are principally sold in the PRC with a small proportion          
    being exported to overseas customers. Products are sold through           
    its own extensive sales and distribution network in the PRC as            
    well as through independent distributors.                                 
                                                                              
    The Fertiliser Group has developed a centrally co-ordinated               
    operation model to facilitate the integration of the three                
    principal business segments. Under such operation model, the flow         
    of products, information and funds, as well as resources                  
    deployment are managed and co-ordinated centrally. The model is           
    supported and facilitated by the structured logistics network and         
    the proprietary management information system of the Fertiliser           
    Group, thereby enabling the Fertiliser Group to operate a                 
    scaleable operation in an efficient manner.                               
                                                                              
    Principal strengths                                                       
                                                                              
    The directors of the Fertiliser Group consider that the principal         
    strengths of the Fertiliser Group include the following:                  
                                                                              
    .   Vertically-integrated operation model with a scaleable                
    operation                                                                 
                                                                              
    .   Strong upstream capability to secure supplies of fertiliser           
    products                                                                  
                                                                              
    .   Strong downstream sales and distribution capabilities                 
                                                                              
    .   Comprehensive product portfolio                                       
                                                                              
    .   Strong brand recognition among customers and end-users                
                                                                              
    .   Experienced management team and effective management system