China Resources Building Materials Technology Holds 2025 Mid-term Performance Online Conference

On August 15, China Resources Building Materials Technology Holdings Limited announced its interim results for 2025. In the

first half of 2025, the turnover of the Company decreased by 1.0% year-on-year to RMB10.21 billion, while the gross profit increased by 22.2% year-on-year to RMB1.89 billion, the gross profit margin increased by 3.5 percentage points year-on-year to 18.5%, and the profit attributable to owners of the Company increased by 85.0% year-on-year to RMB310 million. At the same time, the cash flow of operating activities changed from negative to positive to 750 million yuan. The debt structure was further optimized, with the lending rate falling by 3.7 percentage points to 35.1% year on year.

From the perspective of business, in the first half of the year, the sales volume of cement products, concrete and aggregates was 25.31 million tons, 6.88 million cubic meters and 36.34 million tons respectively, and the utilization rate of production lines was 56.8%, 32.0% and 80.2% respectively. The average price of cement products is 247 yuan per ton, the average price of concrete is 303 yuan per cubic meter, and the average price of aggregate is 36 yuan per ton.

On August 18, China Resources Building Materials Technology held an online conference on its mid-term performance in 2025. Jing Shiqing, Chairman of the Board of Directors of China Resources Building Materials Technology, Xie Ji, President, and Huang Hu, Chief Financial Officer, attended the meeting in Shenzhen. The conference attracted more than 20 analysts and fund managers from Citigroup, Macquarie, CICC, BOC International, Guotai Junan, Changjiang Securities, Xingye Securities and other domestic and foreign financial institutions, as well as 40 domestic and foreign investors. During this period, the company's interim performance was introduced, and in-depth exchanges were conducted on major issues such as supply and demand outlook, competition and cooperation pattern, cost control, capacity replacement, aggregate business and so on. Jing Shiqing, chairman of

the board of directors, pointed out that the positive factors and favorable conditions supporting the company's high-quality development are accumulating, and the certainty of the cement industry is gradually increasing. Looking forward to the second half of the year, the company will develop stable performance and consolidate the basic trend. The cement business implements the market competition strategy according to local conditions; the concrete business gives full play to the industrial park integration model and strengthens the core competitiveness; the aggregate business achieves rapid production and sales, full production and sales, and the strategy of "increasing production and promoting sales, increasing income and creating cash" runs through the whole process. In addition, the company will seek balanced development, constantly optimize the quality of asset structure, and effectively improve the quality and efficiency of operation and management.