Warning Notice on Price Fluctuation Risk of Building Materials in Guangdong Province

2025-04-15 09:33:25

All parties involved in the construction are reminded to pay close attention to the prices of basic building materials such as construction steel, construction sand, construction stone, cement and concrete in the market, fully consider the factors of material price fluctuation in bidding, contract signing and material procurement, and take timely and effective measures to actively prevent the risk of project cost caused by price fluctuation.

Early Warning Notice

on Price Fluctuation Risk of Building Materials

in Guangdong Province (April 2025)

All relevant units:

Since the end of March, it has been restricted by the persistent low water level in the Xijiang River Basin, as well as the changes in cement supply and demand and inventory in the province. The price of cement market in the province fluctuated. Cement prices in the province have been abnormal for three consecutive days, with an increase of more than 5% over the red line. All parties involved in the construction

are reminded to pay close attention to the prices of basic building materials such as construction steel, construction sand, construction stone, cement and concrete in the market, fully consider the factors of material price fluctuation in bidding, contract signing and material procurement, and take timely and effective measures to actively prevent the risk of project cost caused by price fluctuation.

If you want to know more details about the price of construction materials in Guangdong Province, please directly log in the "Guangdong Construction Material Price Monitoring System" for free (website: https://cbprov.gldjc.com/gd/homepage).

Guangdong Construction Engineering Standard Quota Station

April 10

, 2025
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Correlation

All parties involved in the construction are reminded to pay close attention to the prices of basic building materials such as construction steel, construction sand, construction stone, cement and concrete in the market, fully consider the factors of material price fluctuation in bidding, contract signing and material procurement, and take timely and effective measures to actively prevent the risk of project cost caused by price fluctuation.

2025-04-15 09:33:25

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.