香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 委任核數師 (於開曼群島註冊成立的有限公司) 本公告由中國天瑞集團水泥有限公司（「本公司」，連同其附屬公司統稱「本集 團」）根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」） 第 13.51(4)條作出。茲提述本公司日期為二零二四年十二月二十四日的公告，內容有關 德勤會計師事務所（「德勤」）辭任本公司核數師（「該公告」）。本公告所用詞彙 與該公告所界定者具有相同涵義。 (股份代號：1252) 委任核數師 董事會進一步宣佈，經審核委員會推薦，董事會已議決委任中匯安達會計師事務所有 限公司（「中匯安達」）為本公司核數師，自二零二四年十二月二十七日起生效，以 填補因德勤于二零二四年十二月二十四日辭任而出現的臨時空缺，任期直至本公司下 屆股東週年大會為止。根據本公司組織章程細則第 155 條，董事會有權填補核數師職 位的臨時空缺及釐定所委任核數師的酬金。因此，將不會為此目的舉行股東特別大會。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 (於開曼群島註冊成立的有限公司) (股份代號：1252) 核數師辭任 本公告由中國天瑞集團水泥有限公司（「本公司」，連同其附屬公司統稱「本集 團」）根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」） 第 13.51(4)條作出。 董事會及董事會轄下之審核委員會（「審核委員會」）已確認，本公司與德勤並無任 何意見分歧或尚未解決之事宜，亦無其他與德勤辭任核數師有關而需要知會股東之事 宜。董事會謹藉此機會感謝德勤於過去數年為本集團提供之專業及優質服務。 董事會及審核委員會預期，核數師辭任不會對本集團截至二零二四年十二月三十一日 止年度的年度審核及年度業績公佈造成任何重大影響。本公司正在物色及面試潛在的 新任核數師，以填補德勤辭任後的空缺。本公司將根據 上市規則規定於適當時候就委 任新核數師作出進一步公告。 承董事會命 中國天瑞集團水泥有限公司 主席 李玄煜 香港，二零二四年十二月二十四日 於 ...

Valuation and Impairment Assessments - The company has appointed a valuation expert to conduct impairment assessments and determine expected credit losses related to its associates[9]. - As of the announcement date, the company has not received the requested financial documents from its associates for review[10]. - The company plans to postpone the valuation of its associates until audited financial statements are obtained by December 31, 2024[11]. Shareholder Caution - The company emphasizes the importance of shareholders and potential investors exercising caution when trading its shares[12]. Board of Directors - The board of directors includes the chairman and executive director, Mr. Li Xuan Yu, along with other executive and non-executive members[13].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 董事會謹此通知本公司股東及潛在投資者，上市覆核委員會已於二零二四年十二月六 日就上市委員會決定舉行覆核聆訊。根據上市覆核委員會於二零二四年十二月九日發 出的決定函件，本公司獲通知，上市覆核委員會決定修訂上市委員會作出的決定，並 指示本公司股份應於該決定（「上市覆核委員會決定」）發出後的下一個交易時段即時 恢復買賣（即自二零二四年十二月九日下午一時起）。 復牌 (於開曼群島註冊成立的有限公司) (股份代號: 1252) 1）上市覆核委員會的決定；及 2）復牌 茲提述本公司於二零二四年十一月五日刊發的公告，內容有關本公司要求上市覆核委 員會覆核上市委員會決定，以及聯交所於二零二四年十二月九日刊發的公告，內容有 關(i)上市覆核委員會決定指示本公司股份於下一交易時段恢復買賣及(ii)本公司股份自 二零二四年十二月九日下午一時正起恢復買賣（統稱「該等公告」）。除另有界定外， 本公告所用詞彙與該等公告所界定者具有 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號： 1252） 董事會召開日期 本公告乃根據香港聯合交易所有限公司證券上市規則第13.43條作出。茲提述本公司 日期為二零二四年十二月四日有關委任估值師之公告（「該公告」）。除另有界定者 外，本公告所用詞彙與該公告所界定者具有相同涵義。 誠如該公告所披露，泓亮預期於二零二四年十二月十八日或之前發出估值報告（「估 值報告」）。本公司將盡力於收到估值報告後兩日內，即於二零二四年十二月二十日， 完成及刊發真實完整的二零二四年中期業績（「二零二四年最终中期業績」）。 中國天瑞集團水泥有限公司（「本公司」）董事會（「董事會」）宣佈，本公司將於 二零二四年十二月二十日舉行董事會會議，藉以（其中包括）考慮及（如認為合適） 批准二零二四年最終中期業績，以及考慮派付股息（如有）。 主席 香港，二零二四年十二月十一日 於本公告日期，董事會成員包括主席兼執行董事，李玄煜先生；執行董 ...

Group 1 - The core point of the article is that Tianrui Cement's stock resumed trading and surged by 104.5% after the Listing Review Committee allowed it to trade again following the release of its interim results and resolution of the issues that led to its suspension [1] - Tianrui Cement's stock was previously suspended due to a dramatic drop of 99% on April 9, which was linked to forced liquidation of shares held in the accounts of major shareholders and their family members [1] - The company later confirmed that the forced sale of 10 million shares did not execute successfully and has been canceled [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 – 1 – 本公司已於二零二四年十二月三日委聘泓亮諮詢及評估有限公司（「泓亮」）展開相關評估工 作，其中包括對聯營公司進行減值評估及確定應收聯營公司款項的預期信貸虧損（「評估工 作」）。 泓亮預期於二零二四年十二月十八日或之前發出估值報告（「估值報告」）。本公司將盡力於 收到估值報告後兩日內完成及刊發真實完整的二零二四年中期業績。 由於二零二四年十一月二十九日刊發的二零二四年初步中期業績（「二零二四年初步中期業 績」）與將於二零二四年十二月二十日刊發的二零二四年最終中期業績（「二零二四年最終中 期業績」）之間預計存在重大差異，建議股東和潛在投資者在買賣本公司股份時切勿依賴二零 二四年初步中期業績，而應等待和參考二零二四年最終中期業績。 繼續停牌 ( 於開曼群島註冊成立的有限公司 ) (股份代號：1252) 委任估值師 茲提述本公司日期為二零二四年十二月一日之公告，內容有關（其中包括）可能委聘估值師評 估 ...

Financial Reporting - The company is awaiting the release of its interim results for the six months ending June 30, 2024, scheduled for November 29, 2024[3]. - The company plans to hire an independent professional valuer to assess the impairment and bad debt provisions, ensuring the accuracy and completeness of financial information[4]. - The company emphasizes the need for accurate and complete financial statements to avoid misleading investors[6]. - The company aims to publish updated interim results within the normal remedial period of 18 months if reliable financial information from its associates is received[5]. Share Suspension - The company has applied for a continued suspension of its shares pending the announcement of further insider information and valuation results[4].

Financial Interests and Receivables - As of June 30, 2024, the group's interests in associates and receivables from associates were RMB 968,541 thousand and RMB 590,459 thousand respectively[6]. - The group's equity interest and receivables from the associate Wanji Cement were RMB 407,258 thousand and RMB 81,674 thousand respectively, with a loss of RMB 26,900 thousand recognized during the interim period[6]. Concerns Regarding Wanji Cement - Wanji Cement has been suspended since June 2023, raising significant doubts about its ability to continue as a going concern due to net current liabilities of RMB 705,146 thousand reported[6]. - The company has not been able to obtain reliable financial information from Wanji Cement to verify its financial statements, impacting the accuracy of the interim results[7]. Actions and Plans - The company plans to hire an independent professional evaluation agency to assess the fair value of its interests in associates and the recoverability of receivables[7]. - The company has sent legal letters to assert its rights to review financial information from the associate, with further legal actions planned if responses are not received in a reasonable timeframe[9]. - An updated interim results announcement will be issued after necessary impairment assessments and receivables provisions are completed[10]. - The company is awaiting the results of a review hearing by the Listing Review Committee scheduled for December 6, 2024[4].

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 2,583,798 thousand, a decrease of 35.4% compared to RMB 3,998,558 thousand in 2023[2]. - Gross profit for the same period was RMB 615,063 thousand, down 34.6% from RMB 940,131 thousand[2]. - Profit attributable to owners of the company was RMB 28,290 thousand, representing an 81.2% decline from RMB 150,521 thousand in the previous year[2]. - Basic earnings per share decreased to RMB 0.01 from RMB 0.05, reflecting an 81.2% drop[2]. - The company reported a pre-tax profit of RMB 30,881 thousand, significantly lower than RMB 155,619 thousand in the previous year[4]. - The company's profit before tax was approximately RMB 30.9 million, a decrease of RMB 124.7 million or about 80.2% compared to the same period in 2023[74]. - The net profit attributable to the company's owners was approximately RMB 28.3 million, a decrease of RMB 122.2 million or 81.2% year-on-year, with a net profit margin of 1.1%, down 2.7 percentage points from the same period in 2023[76]. Revenue Breakdown - Cement sales amounted to RMB 1,870,230 thousand, down 39.1% from RMB 3,077,482 thousand in the previous year[27]. - Revenue from cement sales was approximately RMB 1,870.2 million, down 39.2% from RMB 3,077.5 million year-on-year, with cement sales volume decreasing from approximately 12.0 million tons to 8.2 million tons, a decline of 31.4%[64]. - Revenue from limestone aggregate sales was approximately RMB 608.8 million, a decrease of RMB 123.8 million or 16.9% compared to RMB 732.6 million in the same period of 2023[64]. - The company's clinker sales revenue was approximately RMB 104.8 million, down 44.4% from RMB 188.5 million year-on-year, primarily due to a decrease in both sales volume and price[65]. Asset and Liability Overview - Total assets as of June 30, 2024, were RMB 37,423,201 thousand, a decrease of 7.8% from RMB 40,573,494 thousand at the end of 2023[2]. - Total liabilities decreased by 12.8% to RMB 21,611,245 thousand from RMB 24,787,427 thousand[2]. - Current assets were RMB 24,587,873 thousand, down 10.0% from RMB 27,326,926 thousand[2]. - As of June 30, 2024, the company's debt-to-asset ratio was 57.7%, a decrease of 3.4 percentage points from 61.1% at the end of 2023, primarily due to reduced borrowings[87]. - The company's cash and cash equivalents decreased from RMB 1,174.8 million at the end of 2023 to RMB 600.1 million as of June 30, 2024, mainly due to cash outflows from operating activities[82]. - Trade and other receivables decreased from RMB 19,606.2 million at the end of 2023 to RMB 17,572.3 million as of June 30, 2024, primarily due to reduced advances for raw material purchases[79]. - As of June 30, 2024, the net debt ratio decreased to 63.3%, down 16.0 percentage points from 79.3% on December 31, 2023[89]. Cost and Expenses - In the first half of 2024, the company's sales cost was approximately RMB 1,968.7 million, a decrease of RMB 1,089.7 million or 35.6% compared to the same period in 2023, primarily due to a decline in cement sales and lower procurement prices for raw coal and some materials[67]. - The gross profit for the first half of 2024 was approximately RMB 615.1 million, a decrease of RMB 325.1 million or 34.6% year-on-year, with a gross margin of 23.8%, remaining stable compared to the same period in 2023[68]. - Selling and distribution expenses decreased by RMB 48.4 million or 29.4% to approximately RMB 115.9 million in the first half of 2024, primarily due to reduced transportation costs[71]. - Administrative expenses were approximately RMB 361.3 million, a decrease of RMB 85.4 million or 19.1% compared to the same period in 2023, mainly due to reduced R&D expenses and cost-saving measures[72]. Market and Economic Conditions - The overall cement production in China for the first half of 2024 was 850 million tons, a decline of 10% compared to the previous year[61]. - The national GDP growth for the first half of 2024 was 5%, with fixed asset investment increasing by 3.9%, indicating a mixed economic environment affecting the construction materials sector[56]. - The domestic cement market demand remains weak, with a strong desire among companies to improve prices and profits in the second half of the year[108]. - The marginal improvement in cement demand is anticipated in the second half of the year due to the acceleration of special bonds and reconstruction needs in disaster-affected areas[106]. Strategic Initiatives - The company aims to reduce raw coal procurement costs through centralized purchasing and improve limestone mining management to lower costs[109]. - The company plans to respond to the industry's "anti-involution" initiative by maintaining staggered production to uphold market order[111]. - The focus on quality management is emphasized, with adherence to new industry standards to produce high-quality products[111]. - The company is committed to developing new cement products and enhancing its supply chain, including aggregates and prefabricated construction materials[111]. - The implementation of the new cement standard GB 175–2023 from June 1, 2024, is expected to improve industry supply-demand relationships by eliminating low-quality cement products[102]. Governance and Management - The company is actively seeking a new CEO following the resignation of the previous CEO in December 2015[113]. - The company has not declared an interim dividend for the reporting period ending June 30, 2023[116]. - The board of directors has reviewed the interim results for the six months ending June 30, 2023, which have not been audited[118]. - The company's shares have been suspended from trading since April 10, 2024, pending further notice[119].