General Provisions - The company is established as a joint-stock limited company in accordance with the Company Law of the People's Republic of China and other relevant regulations [1] - The company was approved for establishment on November 29, 2001, and listed on the Shanghai Stock Exchange on April 12, 2005, with an initial public offering of 58 million shares [1][4] - The registered capital of the company is RMB 2,621,819,524 [1] Business Objectives and Scope - The company's business objective is to continuously interpret customer needs and create value, adhering to market adaptation, user priority, and technological leadership [2] - The business scope includes research, development, technical consulting, engineering design, equipment manufacturing, construction installation, and general contracting in non-metallic new materials and construction materials [3] Shares - The company's shares are issued in the form of stocks, with equal rights for each share of the same category [4] - The total number of ordinary shares approved for issuance is 168 million, with 110 million shares issued to five founders, accounting for 65.48% of the total [4][5] - The company has undergone several capital increases and stock splits, resulting in a total share capital of 1,754,257,928 shares after various adjustments [6][7] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, participate in shareholder meetings, supervise company operations, and transfer their shares [11][13] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [14] - The company’s controlling shareholders and actual controllers must not harm the interests of the company or other shareholders [15] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting occurring once a year after the end of the previous fiscal year [46] - Shareholder meetings can be convened by the board of directors or at the request of shareholders holding more than 10% of shares [22][20] - The notice for shareholder meetings must include details such as time, location, agenda, and rights of shareholders to attend and vote [57][58]

Core Viewpoint - The conference held by China National Materials International focused on promoting green, intelligent, and collaborative development in the cement industry, emphasizing international cooperation and technological advancements for a sustainable future [2]. Group 1: Business Strategy and Development - China National Materials International has been enhancing its core business while exploring new growth areas, including photovoltaic EPC and wind power, to diversify its overseas market presence [3]. - The company has restructured its equipment sector and established a high-end equipment manufacturing platform, achieving over 60% self-sufficiency in ten core equipment categories [3]. - In 2024, the company plans to implement advanced green technologies and intelligent factory applications, including the world's first all-oxygen combustion technology in the cement industry [3][4]. Group 2: International Expansion and Market Performance - The company has accelerated its internationalization strategy, with international revenue accounting for 17% of total income in 2024, focusing on emerging markets and localizing its operations [6]. - In 2023, the company secured contracts for 19 overseas cement production lines across 15 countries, with a total new contract value of 36.2 billion, reflecting a 9% year-on-year increase [7]. - The overseas business achieved a revenue of 22.3 billion, marking an 11% increase, with a gross margin of 23.07%, up by 1.87 percentage points [7]. Group 3: Innovation and Sustainability - The company is committed to digital and intelligent transformation, establishing "lighthouse factories" that focus on green and low-carbon production [10]. - Recent innovations include the development of AI technologies for optimizing cement production processes, enhancing efficiency and decision-making [11]. - The company has pioneered carbon capture technologies, achieving significant advancements in reducing carbon emissions in cement production [11].