CNBM announced on July 26, 2024 that its subsidiary China National Building Material Cement (CNBM Cement) signed a share purchase agreement with Votorantim Cimentos, agreeing to acquire all shares of the target company located in Tunisia, for a total transaction consideration of approximately USD 130 million, which may be adjusted according to the terms, but not exceeding USD 15 million. After the completion of this acquisition, the target company and its subsidiary GJO will become indirect subsidiaries of CNBM. According to the listing rules, this transaction belongs to the disclosed transaction. The target company has a long history of operation and stable operations, and its geographical location is superior. This acquisition is in line with CNBM's strategic development plan and is expected to accelerate the group's international layout. The completion of the transaction will help the group expand its market share in Belt and Road countries and bring synergies to existing businesses.

CNBM announced on July 26, 2024 that its subsidiary China National Building Material Cement (CNBM Cement) signed a share purchase agreement with Votorantim Cimentos, agreeing to acquire all shares of the target company located in Tunisia, for a total transaction consideration of approximately USD 130 million, which may be adjusted according to the terms, but not exceeding USD 15 million. After the completion of this acquisition, the target company and its subsidiary GJO will become indirect subsidiaries of CNBM. According to the listing rules, this transaction belongs to the disclosed transaction. The target company has a long history of operation and stable operations, and its geographical location is superior. This acquisition is in line with CNBM's strategic development plan and is expected to accelerate the group's international layout. The completion of the transaction will help the group expand its market share in Belt and Road countries and bring synergies to existing businesses.