Beijing New Building Material (Group) Co., Ltd.

Beijing New Building Material (Group) Co., Ltd. (hereunder abbreviated as "BNBM Group") is a subsidiary of China Building Materials Corporation (CNBM), a state enterprise directly administered by the State Assets Supervision and Administration Commission of the State Council (SASAC). Established by the national government in 1979, under the direct approval and guidance of Deng Xiaoping, BNBM Group represents China's largest domestic manufacturing base for building materials. At present, we have already grown to be a large enterprise group integrating building material investment, logistics and trading, as well as wooden product industry and development. As the cradle of China's new building materials, BNBM Group has consistently led for many years in terms of brand name, quality, technology and scale of operation. We have continually spearheaded the implementation of upgrade and structural adjustment within the industry. In recent years, the global employment of capital and the integration of resources have led to the formation of the group's business framework of "applying investment in the manufacturing of building materials as a key support base; undertaking logistics and trading as the core of its operations; and actively promoting wooden products and industrialization of housing sector". BNBM Group is a growing enterprise distinguished by continuous innovation and scientific development as a guideline for company's evolution: which is to pursue a harmonious development between itself and the society as a whole. BNBM Group adheres to the business philosophy of "efficient use of resources and serving the construction" by endeavoring to provide outstanding products and services in order repay its debt to the society and customers.

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