Core Insights - Ningxia Building Materials has transformed from a local cement company with a capacity of 1 million tons to the largest cement enterprise in Ningxia and the Northwest region, achieving growth in cement capacity, revenue, and net profit by two to three times over 22 years [1][4] Group 1: Financial Performance - In the first half of this year, Ningxia Building Materials reported a net profit attributable to the parent company of 106 million yuan, a significant increase of 101.24% year-on-year; the net profit after deducting non-recurring gains and losses reached 76.45 million yuan, up 168.35% year-on-year [6] - The company has expanded its product line and enhanced its core business through the "Cement+" industry chain, which includes oil well cement, solidification materials, concrete, and aggregates, with concrete capacity at 11.17 million cubic meters and aggregate capacity at 11 million tons [6] Group 2: Strategic Development - Since its listing in 2003, the company has utilized capital markets for financing, gradually expanding its cement business through new construction and mergers, overcoming regional limitations and forming a cross-regional cement group with total assets exceeding 10 billion yuan [6] - The company has established 20 subsidiaries and is implementing a "going out" strategy, expanding production capacity in Ningxia and neighboring provinces [6] Group 3: Product Innovation and Quality - Ningxia Building Materials has developed a range of new products, including C100 high-performance concrete and various specialized concretes, to address industry challenges such as overcapacity and demand shrinkage [7] - The company emphasizes product quality and has a well-known product, "Saimar" cement, recognized as a famous Chinese trademark, used in major infrastructure projects [7] Group 4: Environmental and Technological Initiatives - The company is focusing on high-end, green, and intelligent development to create a competitive advantage in the traditional cement industry, which faces challenges from overcapacity and environmental regulations [8] - Ningxia Building Materials has made significant progress in technology empowerment, including the use of alternative raw materials and waste utilization, and has received certifications for "green building materials" and "low-carbon products" [8][9] Group 5: Digital Transformation - The "I Find Car" platform, developed by Ningxia Building Materials, is the first digital logistics platform in China's building materials industry, addressing logistics challenges and enhancing service efficiency [10] - The company is also building a green data center to support the digital economy, with a focus on creating new production capabilities [11] Group 6: Shareholder Returns - The company has consistently paid cash dividends to investors, distributing a total of 2 billion yuan in dividends, with a payout ratio exceeding 30% of the net profit attributable to the parent company over the past decade, and over 40% in the last two years [11]

王玉林 宁夏建材数据中心 ◎记者 于瑶 作为中国建材旗下的A股上市公司，宁夏建材上市22年来，从原来产能只有100万吨的地方水泥企业， 成长为宁夏最大的水泥企业及西北地区最大的混凝土、骨料生产企业，水泥产能、营业收入、净利润等 专注主业 做强"水泥+"产业链 今年上半年，宁夏建材实现归属于母公司所有者的净利润1.06亿元，同比大幅增加101.24%；扣除非经 常性损益的净利润达到7645万元，同比增长168.35%。 这样一个亮眼的业绩，主要来源于"水泥+"产业链的强力支撑。"我们的主营业务是水泥，这些年来也一 直专注做强做优水泥，产能扩大的同时，以'水泥+'延伸产业链，加快发展油井水泥、固井材料、混凝 土、骨料等产业，目前混凝土产能1117万方，骨料产能1100万吨，固井材料产能100万吨。"王玉林说。 自2003年上市以来，宁夏建材充分利用资本市场进行融资，通过新建、并购重组等方式逐步壮大水泥主 业，突破宁夏地域小、人口少的限制，形成了一个跨区域水泥集团。 "我们通过新建和并购重组壮大水泥主业，旗下已拥有20家企业，并加快实施'走出去'战略，在宁夏五 市及甘肃、内蒙古等省区布局产能，公司总资产突破了100 ...