China National Building Material (03323) plans to increase its investment in China National Materials High-Tech.

Zhuhai Finance APP news: China National Building Material (03323) announced that on August 14, 2026, CNBM High-Tech (an associated company of the company and an indirect non-wholly-owned subsidiary of the parent company) has entered into this capital increase agreement and supplementary agreement with the company, Beijing New Building Materials (a subsidiary of the company), China Building Materials Academy (a subsidiary of the parent company), Zhonglian Investment (a subsidiary of the parent company), and other Party B, Party C, and Party D shareholders. According to the capital increase agreement, the participating Party B, Party C, and Party D shareholders agree to increase capital for CNBM High-Tech at a price of RMB 10.07 per share (which can be paid in cash or through equity valuation), with the total capital increase amounting to approximately RMB 98.34 million. Upon completion of this capital increase, the registered capital of CNBM High-Tech will increase from approximately RMB 503 million to approximately RMB 601 million. CNBM High-Tech will continue to be an associated company of the company and an indirect non-wholly-owned subsidiary of the parent company.