CNBM Announces New Contracts for Continued Transactions and Major Deals with Sinoma International

Reuters
08/28
CNBM Announces New Contracts for Continued Transactions and Major Deals with Sinoma International

China National Building Material Co. Ltd. (CNBM) has announced a series of continuing connected transactions, including a major transaction anticipated to drive growth in its business needs. The company expects an increase in demand for engineering spare parts, mining services, and various operational services from Sinoma International, a connected subsidiary. Additionally, CNBM has detailed plans to supply the Parent Group with critical equipment and products needed for cement and mining engineering projects. The transactions are part of the company's strategic plans to enhance production capabilities and meet future logistical and technical service demands. Furthermore, Ningxia Building Materials, a CNBM subsidiary, has entered into a Fund Lending Framework Agreement with Saima IOT, agreeing to provide conditional loans, highlighting CNBM's commitment to strengthening business partnerships and expanding its operational scope.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNBM - China National Building Material Co. Ltd. published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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