China National Building Material Co., Ltd.: It is estimated that the loss attributable to shareholders in the first three quarters will be about 760 million yuan

On the evening of October

14, CNBM announced that it expected the Group's unaudited loss attributable to equity holders for the nine months ended September 30, 2026 to be approximately RMB760 million, while the profit attributable to equity holders for the nine months ended September 30, 2025 to be approximately RMB2.96 billion.

The above expected decrease was mainly due to the decrease in the sales price of cement, commercial concrete and aggregate, the decrease in the sales volume of cement, commercial concrete and gypsum board, and the increase in the provision for impairment of assets of the Group, but partly due to the increase in the sales price of glass fiber and the decrease in the cost of sales, and the increase in the sales price of electronic cloth. The increase in sales volume of glass fiber, electronic cloth and lithium battery separator was offset by the decrease in cost of sales of cement and commercial concrete.