China National Building Material Company Limited (stock code: HK3323), listed on the Stock Exchange of Hong Kong Ltd. in March 2006 and reorganized with the former China National Materials Company Limited in May 2018, is the core industry platform and flagship listed company of China National Building Material Group Co., Ltd. which is a large-scale central enterprise of building materials. Now, we have seven A-share listed companies with more than 150,000 employees, becoming the world's No. 1 in business fields such as cement, commercial concrete, gypsum board, glass fiber, wind turbine blades and cement engineering technical services.

We insist on industrial development, focus on value creation, and work hard on the three main businesses of basic build-ing materials, new materials and engineering services to continuously improve our core competitiveness and profitability. As of the end of 2020, we reported total assets of RMB 455.5 billion, 2020 operating revenue of RMB 259 billion, net income attribute to parent of RMB 13.48 billion, earnings per share of RMB 1.49, and dividends per share of RMB 0.47. From 2005 to 2020, we achieved a cumulative net income attributable to parent of RMB 83.63 billion, paid RMB 201 billion of taxes and RMB 15.5 billion of dividends to shareholders, creating good economic and social benefits.

Since our listing, we, based on the characteristics of the fully competitive industry, have actively explored a development path in line with the actual situation of industries and enterprises, implemented the "big building materials" strategy, and carried out large-scale regional joint reorganization in a market-oriented manner. Through our efforts, we have created a miracle in the history of world cement development and provided an important model for the reorganization, integration and sustainable development of surplus industries. We make use of the advantages of the "mixed" development mechanism and continue to deepen the reform to give the enterprise high-quality development momentum.

Giving full play to the leading role of the industry, we unswervingly deepens the supply side structural reform, strengthens open cooperation, green cooperation, innovation cooperation and capital cooperation with peer enterprises, adheres to the development path of ecological priority, green and low-carbon, and continues to advocate the concepts of "industry interests above enterprise interests, enterprise interests nurtured in industry interests", "price-cost-profit", "self-disciplined operation" and "openness and sharing" so as to promote industry sharing and win-win, and create a healthy ecosystem.

We adhere to the core position of innovation, improve core competitiveness with technological innovation and seize the commanding heights of world science and technology, and industrial development with digital transformation. We continue to deepen the integration of innovation chain and industrial chain, strive to break through the technical bottleneck and promote the transformation and upgrading of traditional industries enabled by digital resources. As of the end of 2021, we have 27 national R&D platforms, more than 11,000 valid patents, 172 high-tech enterprises, 92 enterprises that integrate IT application with industrialization, and “Wo Zhao Che” - a smart logistics platform with strong commercial value of co-creating, sharing and win-win, contributing corporate wisdom and strength to the construction of a technologically powerful country and the realization of high level technological self-reliance.

Based on the three principles of win-win cooperation of "contributing to local development, cooperating with local en-terprises, and serving local residents", we have accelerated globalization and built 286 cement production lines around the world, with overseas cement production capacity of 3.8 million tons, gypsum board production capacity of 15 million square meters, glass fiber production capacity of 326,000 tons and 18 chain supermarkets. In addition, we have not only built the world-renowned SINOMA brand, but also created a new model of global procurement, global sales, global service and global resource utilization with high-quality building materials, advanced technology and mature experience to help the construction of the “Belt and Road” and benefit mankind.

We always pursue green and sustainable development and strive to explore the production mode of coexistence be-tween industry and nature. In the field of basic building materials, the "cement +" mode has shown strong vitality, creating an environment-friendly industry and standard configuration of modern cities. In the field of new materials, we vigorously develop green and low-carbon products such as carbon fiber and wind turbine blades. In the field of engineering and technical services, we support the “dual circulation” development and export green products and services to the world. We have made every effort to fight against poverty and support rural revitalization. We have helped the frontline of the fight against the epidemic with high-quality building materials, served the green Winter Olympics, and extensively carried out social welfare activities such as disaster relief, volunteer services, employee assistance, teaching and learning assistance, and overseas construction assistance.

Looking ahead, we will strive to build a world-class comprehensive enterprise and a global leading listed company in the field of materials, promote the upgrading of basic building materials business to high-end, intelligent and green, promote the development of new material business to high-end, mass production and globalization, and promote the globalization, localization and diversification of engineering service business. We will continue to consolidate our leading position in the industry, enhance the competitiveness in the international market and create greater value for shareholders.