On December 27th, China Building Materials Co., Ltd. (hereinafter referred to as CNBM LTD.), Agricultural Bank of China Investment and Bank of Communications Investment Market-based Debt-to- Equity Cooperation Signing Ceremony was held in Beijing. Mr. Song Zhiping, Chairman of China National Building Material Group, Mr. Cao Jianglin, General Manager of China National Building Material Group, Mr. Chang Zhangli, Deputy General Manager of China National Building Material Group, Mr. Peng Shou, President of CNBM LTD, Mr. Jiang Ruibin, Investment Director of Agricultural Bank, and Mr. Qiu Xiayu, President of the Major Clients Department of Agricultural Bank, Mr. Liu Jianjun, president of Bank of Communications Beijing Branch, Mr. Jiang Haiyang, Chairman of the Agricultural Bank of China Investment attended the signing ceremony. Mr. Chen Xuean, vice president and chief financial officer of CNBM LTD, Mr. Song Yingchun, vice president of Agricultural Bank of China Investment, and Mr. Zhao Haihui, vice president of Bank of Communications Investment, signed the agreement on behalf of the three parties.
Mr. Song Zhiping first showed gratitude to Agricultural Bank and Bank of Communications for their long-term support for the development of China National Building Materials Group, and introduced a series of remarkable results achieved by the Group after the restructuring of CNBM and SINOMA. The leaders of the Agricultural Bank and Bank of Communications both expressed that they have always attached great importance to the strategic cooperation relationship with China National Building Materials Group. The signing of this agreement will lead to a new stage of cooperation between the three parties. They hope to further deepen the cooperative relationship, expand the areas of cooperation and fully help the CNBM Group to promote the structural reform of supply side.