China Building Materials (03323) plans to increase capital of Sinoma Hi-Tech

According to Zhitong Finance App News, China Building Materials (03323) announced that on August 14, 2026, Sinoma Hi-Tech (a subsidiary of the company and an indirect non-wholly-owned subsidiary of the parent company) signed this capital increase agreement and supplementary agreement with the company, Beixin Building Materials (a subsidiary of the parent company), Zhonglian Investment (a subsidiary of the parent company), and other Party B shareholders, Party C shareholders and Ding Party shareholders. According to this capital increase agreement, the participating Party B shareholders, Party C shareholders and Ding Party shareholders agreed to increase the capital of Sinoma Hi-Tech in accordance with RMB 10.07 per share (capital can be invested in cash or equity prices). The total amount of capital increase is approximately RMB 98.34 million. After the capital increase is completed, Sinoma Hi-Tech's registered capital will increase from about RMB 503 million to approximately RMB 601 million. Sinoma Hi-Tech will continue to be an associated company of the company and an indirect non-wholly-owned subsidiary of the parent company.

This capital increase is in line with the company's “15th Five-Year Plan” development strategy, and the target track is of high quality and has strong potential for growth. At the same time, it can help Sinoma Hi-Tech operate steadily and consolidate financial security for development.