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An update from China Resources Building Materials Technology Holdings ( (HK:1313) ) is now available.
China Resources Building Materials Technology Holdings announced that its wholly owned subsidiary, Shenzhen Runfeng New Materials Technology, has entered into a second batch of four engineered stone supply agreements with China Resources Material And Equipment E-Commerce, following five similar agreements signed in January 2026. These contracts cover the supply and processing of engineered stone for major China Resources Land projects in Shanghai, Guangzhou, Dongguan and Hangzhou, with total estimated consideration of about RMB26.9 million for 2026 and RMB6.7 million for 2027 under this second batch. The company confirmed that the previously disclosed annual aggregate caps of RMB50 million (excluding tax) for each of the financial years ending 31 December 2026 and 31 December 2027 remain unchanged, incorporating both the current agreements and prospective future projects. As the applicable percentage ratios under Hong Kong Listing Rules are above 0.1% but below 5%, these continuing connected transactions are subject only to reporting, announcement and annual review requirements, and are exempt from circular, independent financial advice and independent shareholders’ approval, streamlining execution while formalising ongoing intra-group business with China Resources Land.
The most recent analyst rating on (HK:1313) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Resources Building Materials Technology Holdings stock, see the HK:1313 Stock Forecast page.
More about China Resources Building Materials Technology Holdings
China Resources Building Materials Technology Holdings is a Hong Kong–listed building materials group engaged in the production and supply of materials such as engineered stone, mainly serving construction and real estate projects within the China Resources group and the broader property market. Through subsidiaries like Shenzhen Runfeng New Materials Technology, the company focuses on supplying processed engineered stone products for large-scale commercial and residential developments across key Chinese cities.
Average Trading Volume: 9,796,717
Technical Sentiment Signal: Hold
Current Market Cap: HK$11.94B
Learn more about 1313 stock on TipRanks’ Stock Analysis page.