China Resources Building Materials Technology Holdings Limited (CR Bldg Materials Tech), a Hong Kong listed company (stock code: 1313.HK) under the state-owned China Resources Group, is a comprehensive building materials company whose business covers areas such as cement, aggregates, concrete and engineered stone, ranked fifth in the "Comprehensive Strength Ranking of China Cement Listed Companies" by the China Cement Association in 2025, and is included in 7 indices including the Hang Seng Composite Index, the Hang Seng Composite Industry Index (Properties & Construction), the Hang Seng Composite MidCap Index, the Hang Seng Composite LargeCap & MidCap Index, the Hang Seng Large-Mid Cap (Investable) Index, the Hang Seng Stock Connect Hong Kong Index and the Hang Seng Stock Connect Greater Bay Area Index.
CR Bldg Materials Tech business focuses on areas such as basic building materials (cement & aggregates), structural building materials (concrete), functional building materials (engineered stone & tile adhesives) and new materials, and mainly covers regions including Guangdong, Guangxi, Fujian, Hainan, Yunnan, Guizhou, Shanxi, Hong Kong, Hunan, Hubei, Shandong, Chongqing and Shaanxi. The Company fully leveraged the positive integrated synergies between cement, aggregates and concrete, continuously promoted corporate transformation and innovation, and advanced the high-quality and sustainable development of the industry.
"Runfeng" is the unified product brand for the basic building materials and structural building materials businesses. As of 31 December 2024, through subsidiaries and equity interests of certain associates and joint ventures, the annual production capacities of clinker, cement, aggregates and concrete were 75.3 million tons, 113 million tons, 148 million tons and 48.1 million m3 respectively (including projects under construction and planned for construction).
"Runpin" is the unified product brand for the functional building materials business and is mainly applied for the engineered stone business. Through continuous iteration and upgrade of high-quality stone products, the brand has performed excellently in aspects such as green manufacturing, green products and green supply chain management, with an annual production capacity of approximately 26.1 million m2.
The new materials business has currently identified its direction and completed specialized planning. In 2024, Nanning Intelligent Building will officially commence construction of a pilot R&D platform with an annual output of 500 tons of high-purity quartz sand, and the area of new materials will achieve substantial progress.
CR Bldg Materials Tech has unswervingly implemented the new development philosophy, continued to promote construction of digitalization and intelligentization, summarized and promoted the experiences of advanced manufacturing of the first lighthouse factory in the global building materials industry, and formed a lighthouse mechanism to create a lighthouse network. The Company actively promoted the application of all-electric mining trucks, unmanned driving, smart drilling and digitalization in mines to facilitate the construction of green mines, strengthened construction of standardization of production safety and the construction of dual prevention mechanisms and launched the production safety management system in 15 production plants. The Company promoted the research and development of new products and new technologies, and the "Key Technologies in Engineering Projects for Treating Major Sudden Water Disasters in Underground Coastal Karst Areas" was awarded the first prize of the Science and Technology Progress Award of the Chinese Society for Rock Mechanics & Engineering.
In addition, the Company always adheres to integrating the concept of sustainable development into corporate management, actively promotes production safety, energy-saving and emission reduction, and carbon emission management, and launched projects of co-processing municipal solid waste, urban sludge and hazardous industrial waste by use of cement kilns. All cement production plants are equipped with residual heat recovery generators to reduce energy consumption. Emission concentrations of nitrogen oxides, particulate matters and sulphur dioxide are better than the national standard limits of pollutant emissions. The Company firmly adhered to the concept of "green waters and green mountains are gold mountains and silver mountains". In 2024, the Company added 7 new green mines of provincial level or autonomous-region level and completed construction of 9 green mines of national level and 23 green mines of provincial level or autonomous-region level. The Company actively promoted the construction of green factories, and 22 production plants have been included list of "Green Factories" of the national, provincial or autonomous-region level. The Company has deeply implemented the concept of ESG and launched our first responsibility brand of "Runmei Xiangcun". In 2024, the Company ranked 13th on the list of "China Listed Companies ESG Pioneer 100", and the "2024 Sustainability Report" won the "Five Star" rating of social responsibility evaluation from the Chinese Expert Committee on Corporate Social Responsibility Report Rating.
In the future, the Company will continue to accelerate the pace of upgrade of traditional industries, promote high-end, intelligent and green development, and build itself into a respected world-class building materials technology company.
| Year | 2023 | 2022 | 2021 | 2020 | 2019 |
| RMB million | HK$ million | ||||
| Turnover | 25,550 | 29,332 | 43,963 | 40,087 | 38,956 |
| EBITDA | 4,082.0 | 4,418.8 | 12,368 | 13,607 | 14,041 |
| Profit for the year | 618.5 | 1,551.8 | 7,725 | 9,030 | 8,964 |
| Profit attributable to owners of the Company | 643.8 | 1,612.6 | 7,767 | 8,960 | 8,618 |
| Basic earnings per share | 0.092 | 0.231 | 1.112 | 1.283 | 1.234 |
| As of December 31th | 2023 | 2022 | 2021 | 2020 | 2018 |
| RMB million | HK$ million | ||||
| Total assets | 72,792.2 | 71,855.9 | 79,149 | 68,533 | 61,171 |
| Equity attributable to owners of the Company | 44,108.5 | 43,824.8 | 54,856 | 49,627 | 41,980 |
| Non-controlling interests | 1,638.7 | 1,435.3 | 785.3 | 397.0 | 286.5 |
| Gearing ratio (note 1) | 36.9% | 33.5% | 19.0% | 13.8% | 18.9% |
| Net assets per share – book (note 2) | RMB 6.32 | RMB 6.28 | HK$ 7.86 | HK$ 7.11 | HK$ 6.01 |
1. Gearing ratio is calculated by dividing the total bank borrowings and unsecured medium term notes by equity attributable to owners of the Company.
2. Net assets per share – book is calculated by dividing equity attributable to owners of the Company by the number of issued shares at the end of the year.
