China National Building Material Group: Subsidiary Signs Operating Contract Worth 347 Million Yuan.

China National Building Material Company announced that its subsidiary, Wuhan Building Materials Institute, as the leader of a consortium, has signed a contract for the general contracting of the Xian'an District Dawu Shao Mining Area Bauxite Comprehensive Utilization Project with Xianning Mining Company. The contract amount is 347 million yuan. The project is located in Xian'an District, Xianning City, Hubei Province, and includes the construction of a bauxite mine for building materials and metallurgy with an annual production capacity of 4 million tons, as well as the construction of a processing plant area, and ecological restoration of the mine. The project is expected to be completed in approximately 365 calendar days. The successful implementation of the project is expected to have a positive impact on the company's overall business performance in the future.