CNBM issued a profit warning, announcing that it is expected to record an unaudited loss of approximately RMB 2 billion for the six months ended June 30, 2024. This is in contrast to a profit of approximately RMB 1.404 billion recorded by the group for the same period in 2023, showing a significant decline in performance. The main reason for the decline was the decrease in sales prices and sales volume of the group's main products such as cement, commodity concrete, and fiberglass, as well as the decrease in the performance of associated companies. Although some losses were offset by the decrease in costs. The company reminds shareholders and potential investors to trade prudently. The mid-term performance announcement is expected to be released by the end of August 2024. The warning was issued in accordance with Part XIV A of the Hong Kong Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules.

CNBM issued a profit warning, announcing that it is expected to record an unaudited loss of approximately RMB 2 billion for the six months ended June 30, 2024. This is in contrast to a profit of approximately RMB 1.404 billion recorded by the group for the same period in 2023, showing a significant decline in performance. The main reason for the decline was the decrease in sales prices and sales volume of the group's main products such as cement, commodity concrete, and fiberglass, as well as the decrease in the performance of associated companies. Although some losses were offset by the decrease in costs. The company reminds shareholders and potential investors to trade prudently. The mid-term performance announcement is expected to be released by the end of August 2024. The warning was issued in accordance with Part XIV A of the Hong Kong Securities and Futures Ordinance and Rule 13.09(2)(a) of the Listing Rules.