en.Wedoany.com Reported - China National Building Material Group Co., Ltd. and China Reform Holdings Corporation Ltd. signed a strategic cooperation agreement in Beijing on June 17, 2026. Zhou Yuxian, Secretary of the Party Committee and Chairman of China National Building Material Group, and Chang Zhangli, Deputy Secretary of the Party Committee and General Manager; Xu Siwei, Secretary of the Party Committee and Chairman of China Reform Holdings, and Hou Xiao, Deputy Secretary of the Party Committee, Director, and General Manager, attended the ceremony and witnessed the signing. Deng Changqing, Member of the Standing Committee of the Party Committee and Chief Accountant of China National Building Material Group, and Wang Bao, Member of the Party Committee and Deputy General Manager of China Reform Holdings, signed the agreement on behalf of both parties. According to the agreement, the two sides will deepen strategic cooperation in areas such as industrial investment, fund collaboration, and financial services.

China National Building Material Group is a central enterprise directly managed by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), formed in 2016 through the restructuring of China National Building Materials Group and China National Materials Group. As a state-owned capital investment company, the group has total assets exceeding 700 billion yuan, with operating revenue surpassing 290 billion yuan in 2025, and owns 13 listed companies both domestically and internationally. Its seven business segments, including cement, gypsum board, glass fiber, and wind turbine blades, rank first globally in scale. China Reform Holdings was established on December 22, 2010, and is a central enterprise under the supervision of SASAC. It was designated as a pilot state-owned capital operating company in 2016 and officially entered a phase of continuous deepening reform in 2022. As of the end of 2025, the company's total assets exceeded one trillion yuan, with annual total profits remaining above 20 billion yuan for five consecutive years.

Zhou Yuxian stated at the signing ceremony that the two sides have a deep foundation for cooperation, having jointly invested in a number of leading enterprises in fields such as pan-semiconductors, membrane materials, and composite materials. China National Building Material Group will continue to open high-quality projects and industrial resources to China Reform Holdings, collaboratively layout advanced materials in cutting-edge tracks, deepen global investment cooperation, and jointly create a new benchmark for the integration of industry and finance among central enterprises. Xu Siwei stated that China Reform Holdings will continue to support China National Building Material Group's technological innovation and achievement transformation, steadily increase collaborative investment efforts, and help China's materials industry move towards the high end of the global value chain.

Before the signing, Zhou Yuxian accompanied Xu Siwei and his delegation on a visit to the exhibition hall of China National Building Material Group. Heads of relevant departments from China Reform Holdings, including the Office, Operations Management Department, China Reform Fund, China Reform Investment, and China Reform Capital, as well as heads of relevant departments from China National Building Material Group, including the Finance Department, Strategic Development Department, Investment and Capital Operations Department, China United Investment, and CNBM New Materials Fund, participated in the event. The signing of this strategic cooperation agreement marks a further deepening of cooperation between the two state-owned capital investment and operation platforms in the fields of industrial investment and financial services, and will jointly inject capital momentum into the high-quality development of China's advanced materials industry.

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