China Resources Building Materials Updates Entrusted Management Deal With Chongqing Energy

An update from China Resources Building Materials Technology Holdings ( (HK:1313) ) is now available.

China Resources Building Materials Technology Holdings has signed a supplemental agreement with CR Power and Chongqing Energy to refine the terms of an existing entrusted management arrangement covering the daily operational management of several Chongqing-based building materials businesses, including cement and stone powder companies. The revised deal, effective from 30 December 2025, keeps all core commercial terms and the annual transaction cap of RMB36 million unchanged, and designates CRBMT as the onshore executing entity; the transactions remain classified as continuing connected transactions under Hong Kong listing rules, triggering reporting, announcement and annual review requirements but exempting the company from circular issuance, independent advice and independent shareholders’ approval, thereby limiting compliance burden while formalising operational oversight of the Chongqing assets.

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 cement and related materials, operating through onshore investment and management platforms in China such as CRBMT, and working with energy and power partners on integrated materials and energy projects.

Average Trading Volume: 10,009,539

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$11.17B

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