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之內容概不負責，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 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 公告 (1)持續關連交易及主要交易；及 (2)持續關連交易 獨立董事委員會及獨立股東的獨立財務顧問 本公司與母公司簽訂新母公司框架協議 於二零二五年八月二十八日，本公司與母公司就二零二六年一月一日至二零二八年十 二月三十一日期間本集團與母公司集團進行的持續關連交易簽訂礦石採購總協議、產 品及服務互供總協議、設備互供總協議、工程服務互供總協議及房屋租賃總協議，以 分別續訂原礦石採購總協議、原產品及服務互供總協議、原設備採購總協議、原工程 服務互供總協議及原房屋租賃總協議。 - 1 - 本公司與財務公司簽訂金融服務框架協議 於二零二五年八月二十八日，本公司與財務公司就二零二六年一月一日至二零二八年 十二月三十一日期間本集團與財務公司進行的金融服務持續關連交易簽訂金融服務框 架協議，以續訂原金融服務框架協議。 寧夏建材與賽馬物聯簽訂資金拆借框架協議 於二零二五年八月二十八日，本公司的附屬公司寧夏建材與賽馬物聯 ...

Core Viewpoint - The report evaluates the financial risks associated with China National Building Material Group Finance Co., Ltd., highlighting its operational qualifications, internal control systems, and compliance with regulatory requirements [1][14]. Group 1: Company Overview - China National Building Material Group Finance Co., Ltd. was established on April 23, 2013, as a non-banking financial institution approved by the former China Banking Regulatory Commission [1]. - The company is registered in Beijing with a registered capital of 4.721 billion RMB, where China National Building Material Group holds 77.93% and China National Building Material Co., Ltd. holds 22.07% [1]. Group 2: Business Scope - The financial company engages in various activities, including accepting deposits, providing loans, bill discounting, and offering financial advisory services [2]. Group 3: Internal Control and Risk Management - The financial company has established a comprehensive internal control system, including a board of directors, risk management committee, and audit committee to oversee operations and risk management [2][3]. - The risk management committee is responsible for approving risk management frameworks and monitoring risk control across credit, market, and operational aspects [3]. - The audit committee supervises the implementation of internal audit systems and evaluates the effectiveness of internal controls [4]. Group 4: Financial Performance - As of June 30, 2025, the financial company reported total assets of approximately 32.98 billion RMB and total liabilities of about 27.63 billion RMB, with owner’s equity of around 5.35 billion RMB [10]. - The company achieved a revenue of approximately 355 million RMB and net profit during the first half of 2025 [10]. Group 5: Regulatory Compliance - The financial company meets all regulatory requirements as per the Enterprise Group Financial Company Management Measures, with no significant risks identified [11][12]. - As of June 30, 2025, the company's loan balance does not exceed 80% of the sum of deposits and paid-in capital, and other regulatory indicators are within acceptable limits [12]. Group 6: Risk Assessment - The company has not identified any major deficiencies in the risk control system and has established a risk disposal plan to ensure the safety of deposits [13][14].

Core Viewpoint - The construction of "good houses" is a new direction for building development, requiring good standards, design, materials, and services, emphasizing the importance of "good materials" in the construction process [1]. Group 1: Importance of Good Materials - The complete building materials system in China includes over 1,000 products across 30 sub-industries, making it the largest producer and consumer of building materials [1]. - To transition from scale expansion to high-quality development, there is a need for better collaboration between the construction and materials industries [1]. - "Good materials" are essential for building "good houses," with energy-saving, creative, functional, and smart materials being crucial [1]. Group 2: Trends in Energy-Saving Materials - The development trends for energy-saving materials include high performance, such as aerogel glass with superior insulation and soundproofing properties, and composite materials like graphene heating materials that combine multiple functions [2]. - Biomass materials, derived from natural sources like bamboo and wood, are also emerging as new building materials [2]. Group 3: Innovations in Functional Materials - The core factor for promoting the application of advanced energy-saving materials is the high adaptability of performance to cost [3]. - An example of innovative energy-generating materials is the "power-generating glass," which converts light energy into electrical energy through a thin film of cadmium telluride [3]. - The development of new waterproof and soundproof materials is essential to address common living issues in old housing, with a focus on system integration, functional composites, low carbon emissions, and recycling in future research [3].

Group 1 - The core event is the launch of the sixth "Resource Utilization Day" by China National Building Material Group, focusing on innovation and green empowerment in the construction materials sector [1][2] - The event aims to deepen collaboration with construction enterprises to explore the potential value of new material innovations, continuing the tradition of state-owned enterprise open days [2] - China National Building Material Group emphasizes the integration of technological and industrial innovation, establishing a tiered structure for new materials industries valued at 1 billion to 10 billion to 100 billion [2] Group 2 - The group has applied some of its innovations in key national projects, major infrastructure, and livelihood projects, enhancing construction quality, ensuring safety, and promoting energy conservation and carbon reduction [2] - The event also featured the release of sustainability reports from China National Building Material Group and 25 member enterprises, showcasing the group's commitment to ESG principles [2] - A new brand strategy was announced to inject fresh value into the CNBM brand, aligning with the group's goals of promoting green innovation and shared development [2]

Core Insights - The importance of high-quality materials in both new construction and renovation is emphasized, highlighting their role in supporting innovation and application in the building sector [1] - China is actively promoting the energy-saving transformation of building materials to reduce carbon emissions and enhance operational efficiency in buildings [1] Industry Overview - China has established a comprehensive building materials system, encompassing over 30 sub-industries and more than 1,000 product types, making it the largest producer and consumer of building materials globally [1] - Recent advancements include the widespread application of low-carbon concrete and composite gypsum boards, which have contributed to a reduction in building operational energy consumption by over 60% [1] Future Directions - Despite progress, there remains a gap in achieving zero carbon emissions in the building sector, necessitating further innovation and development of advanced energy-saving materials [1]

Group 1 - The company China National Building Material (03323) announced that its subsidiary, China National Materials International (600970), achieved operating revenue of 21.676 billion RMB for the six months ending June 30, 2025, representing a year-on-year growth of 3.74% [1] - The net profit attributable to shareholders of China National Materials International was 1.42 billion RMB, reflecting a year-on-year increase of 1.56% [1] - The basic earnings per share for the company stood at 0.54 RMB [1]

Core Viewpoint - China National Building Material (03323) announced that its subsidiary, China National Materials International, achieved a revenue of 21.676 billion RMB for the six months ending June 30, 2025, representing a year-on-year growth of 3.74% [1] - The net profit attributable to shareholders of China National Materials International was 1.42 billion RMB, reflecting a year-on-year increase of 1.56% [1] - The basic earnings per share stood at 0.54 RMB [1] Financial Performance - Revenue for the period reached 21.676 billion RMB, with a growth rate of 3.74% compared to the previous year [1] - Net profit attributable to shareholders was reported at 1.42 billion RMB, showing a growth of 1.56% year-on-year [1] - Basic earnings per share were recorded at 0.54 RMB [1]

中國建材股份有限公司（「本公司」）董事會謹請其股東及公眾投資者留意以下中國中材國 際工程股份有限公司（「中材國際」）截至二零二五年六月三十日止六個月之主要會計數據 和財務指標。 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份內容 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。 公告 中材國際截至二零二五年六月三十日止六個月之 主要會計數據和財務指標 中材國際為本公司之附屬公司，其A股於上海證券交易所上市及買賣（股份代號： 600970）。 - 1 - 中材國際之主要會計數據及財務指標 單位：萬元 幣種：人民幣 本報告期末比 | | 本報告期末 | 上年度末 | 上年度末增減 | | --- | --- | --- | --- | | | | | (%) | | 總資產 | 6,031,017.94 | 5,874,585.71 | 2.66 | | 歸屬於中材國際股東的淨資產 | 2,153,577.54 | 2,111,540.89 | 1.99 | | | | | 本報告期比 | | | 本報告期 ...

Core Insights - The article emphasizes the importance of selecting the right initial market for Chinese companies venturing abroad, highlighting Malaysia as an ideal entry point for construction material enterprises targeting Southeast Asia [1] - Malaysia's strategic position as a hub in Southeast Asia, combined with its membership in RCEP, allows for zero tariffs on products entering multiple countries, making it a competitive choice for Chinese businesses [2] Market Opportunities - The Malaysian government has launched the "13th Malaysia Plan," committing to an investment of 611 billion ringgit (approximately 140 billion USD) from 2026 to 2030, focusing on infrastructure, housing, and green energy, which creates a favorable environment for foreign investment [3] - The establishment of "special tourism investment zones" aims to boost demand for construction materials, decorations, and sanitary products [5] Market Environment - Malaysia's open market environment, characterized by a significant Chinese community (approximately 23% of the population), facilitates business interactions and reduces barriers for Chinese enterprises [5] - The country is experiencing a golden period of infrastructure upgrades, with an annual growth rate of 18% in infrastructure investment, driving demand for tiles, sanitary ware, and other construction materials [6] Market Growth Data - The construction materials market in Malaysia is projected to grow at an annual rate of 6% to 10%, with residential construction accounting for 40% of material consumption [7] - China's exports of construction materials to ASEAN countries are expected to increase from 38 billion RMB in 2020 to 127 billion RMB by 2024, reflecting a compound annual growth rate of 35.6% [6] Product Demand - There is a strong demand for high-quality steel and cement in Malaysia, with local production unable to meet the needs for specialty cement and high-end applications [9] - The smart home market in Malaysia is projected to grow at a compound annual growth rate of 21% from 2021 to 2026, driven by the "smart city" initiative [10] - The Malaysian government aims to reduce greenhouse gas emissions intensity by 45% by 2030, creating a demand for low-carbon construction materials [11] - The multicultural environment in Malaysia has led to a rising demand for customized decorative materials, such as tiles with Chinese patterns and personalized lighting products [12]

智通财经APP讯，中国建材(03323)发布中材科技(002080.SZ)截至2025年6月30日止六个月业绩，营业收 入133.31亿元(人民币，下同)，同比增加26.48%;归属于上市公司股东的净利润9.99亿元，同比增长 114.92%;基本每股收益0.5951元。 ...