CNBM's stock surged 5.03% during intraday trading on Wednesday.
The rally was driven by the company's recently disclosed first-quarter financial data, which showed a 7.96% increase in total current assets and a 15.80% rise in cash and cash equivalents, indicating a strengthening balance sheet. Additionally, the stock benefited from broad strength in the Construction Materials sector, with peers like West China Cement and CR Building Materials Technology also trading higher.