Stock Code: 000553 (200553)                           Stock abbreviation: Sanonda A (B)
                                 Announcement No.: 2018-45

                               Hubei Sanonda Co. Ltd.
                          Q1-Q3 2018 Performance Estimation

The Company and all the directors confirm that the information disclosed is true,
accurate, complete and with no false recording, misleading statement or material
omission.

I. Performance Estimation

1. Estimation period: First nine months and third quarter of 2018

2. Estimated performance: Continuing growth

              Item                  Current reporting period      Same period last year
                                     January to September         January to September
                                              2018                         2017
                                                                  as previously reported
Net profit attributable to the       Profit: 2,512.4 – 2,580.4       Profit: 1,599.5
shareholders of the listed
company (RMB in millions)
Basic earnings per share (RMB)       Profit: 1.0269 – 1.0547         Profit: 0.6830

              Item                  Current reporting period Same period last year
                                     July to September 2018 July to September 2017
                                                             as previously reported
Net profit attributable to the         Profit: 149.6 – 217.6          Profit: 282.5
shareholders of the listed
company (RMB in millions)
Basic earnings per share (RMB)       Profit: 0.0611 – 0.0889         Profit: 0.1206

II. Pre-audit of the estimated performance

The estimated results of this period are the preliminary estimation of the Company and
have not been audited nor reviewed by certified accountants.

III. Explanations for Performance Variation

The significant increase in estimated profits in the consolidated preliminary report in the
first nine months of 2018 compared to the same period in 2017 is due to the following
reasons:
 1.   The recognition of the one-time profit during the first quarter of 2018 on the
      divestiture of several crop protection products in Europe in connection with the
      approval by the EU Commission of the acquisition of Syngenta by ChemChina.
      The proceeds of this divestiture, net of taxes and transaction expenses, were paid to
      Syngenta in return for the transfer of a portfolio of products in Europe of similar
      nature and economic value.

 2.   The Company has achieved strong sales growth, notwithstanding an exceptionally
      severe drought in Europe in the third quarter, which started, as previously reported,
      towards the end of the second quarter, reducing highly profitable sales. The
      Company continued increasing selling prices to offset higher procurement costs and
      lower currencies.


IV. Other Remarks

 1.   Due to the reasons mentioned above, on a combined, adjusted basis, excluding
      mainly the impact of the one-time divestiture profit and related non-cash expenses,
      and excluding the first-half Europe hedge impact, the net income of the Company
      in the first nine months of 2018 is estimated to be only somewhat lower than last
      year’s all-time high.

 2.   The estimated results above are only preliminary calculations performed by the
      finance team of the Company based on preliminary financial data available to the
      Company and have not been audited or reviewed by the Company's independent
      auditors. These estimations may change, inter alia, as a result of the processing and
      analysis of the financial data that the Company will perform for the preparation of
      its financial statements for the first nine months and third quarter of 2018. Please
      refer to the Report for the first nine months and third quarter of 2018 to be duly
      disclosed by the Company for specific and accurate financial information.

 3.   Media for Information Disclosure of the Company: China Securities Journal,
      Securities Times, Ta Kung Pao, and Cninfo (www.cninfo.com.cn). Investors are
      reminded to exercise caution when making investment decisions.


                                                                 By order of the Board
                                                                 Hubei Sanonda Co. Ltd.
                                                                 October 15th, 2018