Restructuring of Ningxia Building Materials Assets: The controlling interest in the original clinker, cement, commercial concrete and aggregate related assets will be fully integrated by Tianshan Hold

Ningxia Building Materials answered questions of concern to investors on the investor relations platform on August 17.

Investors: Mr. Wang Yulin, as the CDO of the Group and the director of the Digital Management Center of the Group and the chairman of Ningxia Building Materials, can you briefly introduce the tasks of the new Ningxia Building Materials after the reorganization in the "Informatization Construction and Digital Transformation Plan" of CNBM? And what tasks will it undertake in the upcoming "New Tianshan No.1 Project of Informatization and Digitalization Platform"?

Ningxia Building Materials Secretary Dong: Hello, the reorganization of the company's assets is currently in progress. After the completion of this reorganization, the company's main business will change, and the controlling rights of the original clinker , cement, commercial concrete and aggregate related assets will be fully integrated by Tianshan shares. The company will integrate the high-quality assets of digital and information services within China Building Materials Group, such as China Construction Information and Horse Racing Federation of Things, and adjust its positioning to an enterprise-level ICT ecosystem service platform. Its main business includes value-added distribution of ICT products, cloud and digital services, intelligent logistics, etc. Thank you.

In order to actively respond to the national environmental protection policy and implement the concept of green and low-carbon development, China Cement Network will hold the "2023 Cement'Double Carbon 'Conference and the 10th China Cement Energy Conservation and Environmental Protection Technology Exchange Conference" in Zhengzhou, Henan Province, from September 12 to 13, 2023. The cement industry is moving towards a low-carbon, more energy-saving and greener high-quality development.  

At the same time, the medal ceremony of "2023 Advanced Enterprises of Double Carbon in Cement Industry" and the "Double Carbon" Equipment Exhibition will be held. After the meeting, we will also organize a visit to Jiyuan Zhonglian Cement Co., Ltd. "The world's first production line of carbon sequestration auxiliary cementitious materials and low-carbon cement from flue gas CO2 of steel slag capture cement kiln".