China National Building Material Company Limited (CNBM), a leading building materials company in the People's Republic of China, has announced its latest expansion efforts. The company, which has significant operations in basic building materials, new materials, and engineering services, is strengthening its presence in the new materials sector. A key development is the internal equity transfer involving CNBM Aviation, where 15% equity interests are being transferred from China Composites to Sinoma Science & Technology, a non-wholly-owned subsidiary of CNBM. This move is part of CNBM's strategic focus on enhancing its capabilities in advanced materials such as wind power blades and carbon fiber, aligning with its broader growth objectives. The company continues to leverage its subsidiaries and innovative technologies to maintain its leadership in the building materials industry.
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