CNBM extends non-compete restructuring timeline with Sinoma Science & Technology, China Jushi to 5 years

• CNBM extended deadline to resolve glass fiber-related industry competition with listed units Sinoma Science & Technology and China Jushi, shifting to an asset restructuring approach to address overlap.
• Non-competition undertaking, first issued in December 2017, will now be completed within 5 years from date each company’s shareholders approve latest extension.
• Move follows termination of a proposed new materials assets restructuring announced in December 2020.
• CNBM flagged difficulties executing prior options such as entrusted management, equity swaps, or business adjustments, citing listed-company independence requirements and protection of public shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNBM - China National Building Material Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260513-12158041), on May 13, 2026, and is solely responsible for the information contained therein.