CNBM's subsidiary, Ningxia Building Materials Group Co., Ltd., reported a first-quarter operating revenue of 461 million yuan, a decrease of 47.44% compared to the same period last year. The net loss attributable to shareholders of Ningxia Building Materials was 4.5259 million yuan, narrowing by 46.2% year-on-year. The basic loss per share was 0.01 yuan.