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。 （ 在 中 華 人 民 共 和 國 註 冊 成 立 的 成 員 責 任 有 限 的 股 份 有 限 公 司 ） 海外監管公告 2025年面向專業投資者公開發行科技創新可續期公司債券（第三期）發行公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 承董事會命 中國建材股份有限公司 裴鴻雁 董事會秘書 中國，北京 二零二五年五月二十八日 於本公告日期，本公司之董事會成員包括執行董事周育先先生、魏如山先生、王兵先生 及苗小玲女士，非執行董事王于猛先生、沈雲剛先生及陳紹龍先生，及獨立非執行董事 孫燕軍先生、劉劍文先生、周放生先生、李軍先生及夏雪女士。 * 僅供識別 中国建材股份有限公司 （住所：北京市海淀区复兴路 17 号国海广场 2 号楼（B 座）） 2025 年面向专业投资者公开发行科技创新可续期公司债券 （第三期） 发行公告 | 发行人 | 中国建材股份有限公司 | | --- ...

Core Viewpoint - The conference focused on promoting green, low-carbon, and intelligent development in the global cement industry, providing a platform for technical exchange and collaboration among industry experts and leaders [1][3]. Group 1: Conference Highlights - The third Cement Green Intelligent Development Conference was held in Hefei, attended by over 580 industry elites and experts from 49 countries [1]. - Keynote speeches emphasized the importance of advanced technology and collaboration in achieving sustainable development in the cement industry [3][5]. Group 2: Industry Insights - The cement industry has seen a significant increase in profitability in the first four months of the year compared to the same period last year, with many companies reporting substantial growth [5]. - The industry is encouraged to focus on product value rather than price competition to gain market recognition [5]. Group 3: International Expansion - The company has made progress in international market expansion, securing contracts worth 36.2 billion in 15 countries, with a 11% increase in overseas revenue and a gross profit margin of 23.07% [6]. - The internationalization index of the company reached 44.83%, reflecting a nearly 3% year-on-year growth [6]. Group 4: Technological Innovations - The conference announced four technological innovation achievements for the company by 2025 [8]. - Expert reports discussed various topics, including the importance of decarbonization in the construction industry and advancements in waste resource utilization technology [8].

Core Viewpoint - The national key laboratories in China play a crucial role in promoting technological innovation and economic development, with over 270 established by 2024, covering multiple disciplines and contributing to talent cultivation and academic exchange [1][15][16]. Industry Overview - National key laboratories are essential components of the national scientific innovation system, focusing on high-level basic and applied research, talent cultivation, and advanced scientific equipment [3]. - There are three main types of national key laboratories: those focused on theoretical research, applied basic research, and engineering science research [4]. Development History - The construction of national key laboratories began in 1984, with 155 established by 1997, followed by a period of standardization and improvement from 1998 to 2007, and a significant increase in funding and development since 2008 [7][8]. Industry Chain - The industry chain for national key laboratory construction includes upstream suppliers of laboratory furniture and materials, midstream service providers, and downstream clients across various sectors such as manufacturing, agriculture, medicine, and energy [9][11]. Development Environment - The policy framework for technological innovation in China has strengthened, leading to increased R&D funding from CNY 14,169.88 billion in 2015 to CNY 36,130 billion in 2024, with a compound annual growth rate of 10.96% [13]. Current Industry Status - The national key laboratory system has achieved significant results, with a focus on structural reform and functional reorganization to enhance innovation efficiency and service capabilities [15][16]. Key Enterprises - The industry is characterized by a large number of small-scale enterprises with varying technical capabilities, with notable companies including Panmei Lab, Kebe Technology, and Laibotai Technology [19][20]. Future Trends - The industry is expected to see deep interdisciplinary integration, intelligent transformation through AI and IoT, and a focus on sustainable development in line with carbon neutrality goals [25][26][28].

EF001 | | 有關詳情請見公司日期為2025年3月27日之年度業績公告。 | | --- | --- | | | 對於個人H股股東的納稅身份或稅務待遇及因個人H股股東的納稅身份或稅務待遇未能及 | | | 時確定或不準確確定而引致任何申索或對於代扣機制或安排的任何爭議，本公司概不負 責，亦不承擔任何責任。 | | | 有關代預扣所得稅之更多補充 股東類型 稅率 | | | （如適用） | | 非居民企業 | | | | 本公司向所有非居民企業股東（包 （非中國內地登記地址） 10% | | | 括香港中央結算（代理人）有限公 | | | 司、其他代理人、受託人或其他團 | | | 體及組織，將被視為非居民企業股 | | | 東）派發2024年末期股息時，須 | | | 預扣10%的企業所得稅。 | | 非個人居民 | | | | 個人H股股東為香港或澳門居民以 （非中國內地登記地址） 10% | | | 及其住所所在國與中國簽訂10%股 | | | 息稅率的稅收協定的，或個人H股 | | | 股東住所所在國為與中國簽訂低於 | | | 10%股息稅率的稅收協定的，本公 | | | 司將按10%的稅率代扣 ...

Group 1: Company Earnings Reports - China Ping An reported Q1 revenue of 256.618 billion yuan, a decrease of 7% year-on-year; net profit was 27.016 billion yuan, down 26.4% [2] - BYD Company recorded Q1 revenue of 170.36 billion yuan, an increase of 36.35% year-on-year; net profit reached 9.155 billion yuan, up 100.38% [1] - China Telecom's Q1 revenue was 134.5 billion yuan, a slight increase of 0.01% year-on-year; net profit was 8.864 billion yuan, up 3.1% [1] - China Pacific Insurance reported Q1 revenue of 93.717 billion yuan, a decrease of 1.8% year-on-year; net profit was 9.627 billion yuan, down 18.1% [1] - China Shenhua's Q1 revenue was approximately 69.585 billion yuan, a decrease of 21.1% year-on-year; net profit was 13.374 billion yuan, down 19% [1] - Great Wall Motors reported Q1 total revenue of approximately 40.019 billion yuan, a decrease of 6.63% year-on-year; net profit was approximately 1.751 billion yuan, down 45.6% [1] Group 2: Additional Company Earnings Reports - China Coal Energy reported Q1 revenue of 38.392 billion yuan, a decrease of 15.4% year-on-year; net profit was 3.978 billion yuan, down 20% [2] - BYD Electronics recorded Q1 revenue of approximately 36.88 billion yuan, an increase of 1.1% year-on-year; net profit was approximately 622 million yuan, up 1.92% [2] - China Overseas Development reported Q1 revenue of 36.73 billion yuan, an increase of 0.6% year-on-year; operating profit was 5.67 billion yuan, down 15% [2] - China National Building Material reported Q1 total revenue of 36.637 billion yuan, a decrease of 1.04% year-on-year; net profit was approximately 102 million yuan, turning from loss to profit [2] - Yanzhou Coal Mining reported Q1 revenue of 30.312 billion yuan, a decrease of 23.53% year-on-year; net profit was 2.71 billion yuan, down 27.89% [2]

Investment Rating - The industry view is rated as Attractive, with a preference for gold, cement, building materials, and steel for 2Q25 [7]. Core Insights - Demand in the materials sector showed signs of recovery in 1Q25, but the outlook for 2Q25 is uncertain due to tariff concerns. Domestic excavator sales increased by 38% YoY, and orders from cathode producers rose by 20% due to strong demand from electric vehicles (EV) and energy storage [2]. - The report anticipates that metals-related stocks may outperform in 2H25 as further stimulus is expected [1][6]. - The tariff impact is projected to weigh heavily on the materials space, with a forecasted GDP growth reduction of 30 basis points to 4.2% for 2025 due to tariff shocks and domestic demand impacts [2][18]. Summary by Sections Gold - Gold is identified as the top pick within commodities, supported by ongoing central bank buying and rising ETF inflows. Lower Treasury yields are expected to enhance gold's macro backdrop. Preferred stocks include Zhaojin (1818.HK) and Zijin Mining (2899.HK, 601899.SS) [3]. Cement and Steel - Cement supply-side controls were announced in November 2024, leading to a focus on profitability rather than price wars. The report expects a significant increase in gross profit per ton due to lower coal prices and higher cement prices. For steel, a production cut of 30 million tons and an export cut of 15-20 million tons are anticipated in 2025. Preferred stocks include Anhui Conch (0914.HK, 600585.SS), CNBM (3323.HK), and Baosteel (600019.SS) [4]. Copper and Aluminum - In 2H25, copper and aluminum are expected to outperform due to continued demand from grid and EV-related green infrastructure. Additional fiscal stimulus could further support demand. Preferred stocks include Zijin (2899.HK, 601899.SS), CMOC (3993.HK, 603993.SS), and Hongqiao (1378.HK) [5]. Tariff Impact - The report highlights that the current cumulative US tariffs could have a more significant growth drag than in 2018-19, with expectations of trade talks to lower tariffs to 34% by year-end. The tariff shocks are expected to impact both trade channels and domestic demand [17][18].

Financial Performance - Total operating revenue for Q1 2025 was CNY 36.64 billion, a decrease of 1.04% from CNY 37.02 billion in Q1 2024[15]. - Total operating costs for Q1 2025 were CNY 36.79 billion, down 4.03% from CNY 38.25 billion in Q1 2024[15]. - Net profit for Q1 2025 was CNY 101.62 million, compared to a net loss of CNY 922.27 million in Q1 2024[15]. - Total operating revenue for Q1 2025 reached ¥10,534,403.31, a significant increase from ¥2,543,391.19 in Q1 2024, representing a growth of approximately 314%[26]. - Net profit for Q1 2025 was ¥182,200,978.30, compared to ¥92,032,638.44 in Q1 2024, indicating an increase of about 97.9%[26]. - The company reported a total operating cost of ¥132,418,418.35 for Q1 2025, up from ¥87,445,431.62 in Q1 2024, indicating an increase of about 51.3%[26]. Assets and Liabilities - As of March 31, 2025, the total assets of the company amounted to RMB 504.98 billion, an increase from RMB 493.97 billion as of December 31, 2024, representing a growth of approximately 2.04%[10][11]. - The company's current assets totaled RMB 154.06 billion, up from RMB 145.61 billion at the end of 2024, indicating an increase of about 5.06%[10]. - Total liabilities as of March 31, 2025, were CNY 312.86 billion, an increase from CNY 299.44 billion as of December 31, 2024[12]. - Total liabilities increased to ¥54,804,119,575.85 as of March 31, 2025, compared to ¥50,053,931,085.37 at the end of 2024, marking an increase of about 9.5%[23]. - Total equity attributable to shareholders was CNY 115.83 billion as of March 31, 2025, down from CNY 119.45 billion as of December 31, 2024[13]. - The company’s total liabilities and equity amounted to CNY 504.98 billion as of March 31, 2025, compared to CNY 493.97 billion as of December 31, 2024[13]. Cash Flow - The company reported a net cash outflow from operating activities of CNY 5.05 billion in Q1 2025, an improvement from CNY 5.99 billion in Q1 2024[17]. - Cash inflow from investment activities in Q1 2025 was CNY 10.05 billion, compared to CNY 8.58 billion in Q1 2024[17]. - Operating cash flow for Q1 2025 was RMB 536,882,191.23, a significant increase from RMB 72,918,395.64 in Q1 2024, representing a growth of 634.5%[28]. - Cash inflow from operating activities totaled RMB 3,614,285,061.04 in Q1 2025, compared to RMB 1,666,898,360.49 in Q1 2024, marking an increase of 116.5%[28]. - Cash inflow from financing activities reached RMB 14,691,000,000.00 in Q1 2025, up from RMB 6,300,000,000.00 in Q1 2024, an increase of 133.3%[29]. - The ending cash and cash equivalents balance for Q1 2025 was RMB 904,800,100.46, compared to RMB 1,019,777,912.18 in Q1 2024, a decrease of 11.3%[31]. Investments and Financing - The company issued a total of RMB 20 billion in short-term financing notes with a maturity of 260 days at an interest rate of 1.67%[3]. - The first phase of corporate bonds for 2025 was issued with a total principal of RMB 10 billion, with a 3-year term and an interest rate of 1.74%[5]. - The company completed the issuance of RMB 8 billion in renewable corporate bonds with a 3-year term at an interest rate of 1.99%[7]. - Long-term equity investments rose to ¥74,150,475,160.78 as of March 31, 2025, from ¥72,861,979,259.92 at the end of 2024, representing an increase of about 1.76%[21]. - Cash inflow from investment income was RMB 78,424,350.85 in Q1 2025, a substantial increase from RMB 3,032,712.83 in Q1 2024, reflecting a growth of 2,487.5%[28]. Strategic Outlook - The company plans to continue expanding its market presence and product offerings, focusing on innovation and strategic acquisitions to drive future growth[8].

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。 股東週年大會、H股類別股東會及 內資股類別股東會表決票匯總結果 及 派發末期股息 中國建材股份有限公司（「本公司」）董事會（「董事會」）欣然公佈截至於二零二四年十二月 三十一日止年度本公司之股東週年大會（「股東週年大會」）、H股類別股東會（「H股類別股 東會」）及內資股類別股東會（「內資股類別股東會」，連同股東週年大會及H股類別股東 會，統稱「會議」）已於二零二五年四月二十五日（星期五）下午二時正、下午二時三十分 （或緊隨股東週年大會結束後）及下午三時正（或緊隨H股類別股東會結束後）假座中華人民 共和國（「中國」）北京市海淀區復興路17號國海廣場2號樓分別舉行。 有關會議所審議決議案的詳情，股東可參閱本公司日期為二零二五年四月一日的股東週 年大會通告、H股類別股東會通告、內資股類別股東會通告及通函（「通函」）。除另有界定 外，本公告所用詞彙與通函所界定者涵義相同。 本公司於會議當日之已發行股份數目為7, ...

"建材行业要以科技创新为引领，聚焦高端化、智能化、绿色化，推动发展方式的绿色转型、产业体系 的现代化、人工智能等新技术的全面渗透，实现建材行业绿色低碳安全高质量发展。"中国建筑材料联 合会党委书记、会长阎晓峰说。 主动求变 在九牧集团的"绿色黑灯工厂"，机械臂、AGV物流机器人、数字孪生系统紧密配合，让卫浴生产迈 入"无人化"时代。当数字技术的触角延伸至传统车间，技术创新与绿色转型的叠加效应，释放出巨大能 量。九牧集团董事长林孝发介绍，公司去年产值同比增长超过两位数，"今年一季度，订单额已完成预 定目标的130%。下一步，公司将以技术创新、产业创新、生态创新，共生共赢，引领卫浴行业步入AI 与机器人新时代"。 建材行业"主动求变"的思维在实践中不断显效。近年来，中国建筑材料联合会连续发布4批全国建材行 业重大科技攻关"揭榜挂帅"项目榜单，涌现出一系列突破性进展，建材行业科技创新能力和水平全面提 升。中国建筑材料联合会有关负责人介绍，2024年成立的建材行业数字化转型推进中心，加速形成推进 建材行业拥抱人工智能"大潮"的合力。 由人工智能（AI）驱动的产业变革，正在重塑建材行业的发展面貌，新材料与新技术加速双向 ...

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 北新建材截至二零二五年三月三十一日止三個月 之主要會計數據和財務指標 | | 本報告期 | 上年同期 | 上年同期增減 | | --- | --- | --- | --- | | | | | (%) | | 營業收入 | 6,246,258,743.71 | 5,943,893,516.11 | 5.09 | | 歸屬於北新建材股東的淨利潤 | 842,219,346.07 | 821,978,143.33 | 2.46 | | 歸屬於北新建材股東的扣除 | | | | | 非經常性損益的淨利潤 | 819,032,406.67 | 791,095,243.26 | 3.53 | | 經營活動產生的現金流量淨額 | -221,504,774.88 | -25,622,766.64 | -764.48 | | 基本每股收益（元╱股） | 0.498 | 0.487 | 2.26 | | 稀釋每股收益 ...