China National Building Material Co. Expands Asset Portfolio

China National Building Material Co (HK:3323) has released an update.

China National Building Material Co. has announced its acquisition of target assets and Beijing Composite, with the appraised value of the target assets reaching RMB 89.7 million. The significant increase in land value, attributed to the scarcity of land resources, highlights a strategic move in their asset portfolio. Despite minor clerical errors in the English version of the asset valuation report, the core details remain unchanged.

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