In the first half of 2020, CNBM Ltd. achieved revenue of 106.788 billion yuan, down 4.8% year-on-year, net profit of 9.695 billion yuan, up 10.2% year-on-year, net income attributable to parent of 5.387 billion yuan, down 6.4% year-on-year, and net cash flow from operating activities of 20.561 billion yuan, up 12.5% year-on-year. The sales volume of cement clinker was 164 million tons, down 3.5% year-on-year. The sales volume of commercial concrete was 46 million cubic meters, down 7.1% year-on-year. The sales volume of aggregates was 32.87 million tons, up 37.6% year-on-year. The sales volume of gypsum boards was 825 million square meters, down 8.7% year-on-year. The sales volume of fiberglass yarn was 1.26 million tons, up 10.8% year-on-year. The sales volume of wind turbine blades was 6,439 MW, up 43.6% year-on-year. The revenue of engineering services was 15.7 billion yuan, down 9.1% year-on-year.

The management stated that due to the impact of COVID-19, China's economic growth slowed sharply in the first quarter and stabilized and rebounded from negative to positive in the second quarter; the economic recovery was better than expected; the demand for building materials were released at an accelerated pace, and the rate of decline narrowed month by month. The supply-side structural reform was still the main line. Off-peak production and phase-out of PC32.5R promoted the supply ecology, and the industry benefits remained stable.