BBMG Corp - Company Profile

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Business Description

BBMG Corp (BBMG) is engaged in the manufacture of building materials, property development, and property investment and management. It offers services such as decoration, architectural design, and main construction contract of installations. The company has made its presence in 17 cities across China, including Beijing, Shanghai, Tianjin, Chongqing, Hangzhou, Nanjing and Suzhou and has a significant presence in the Beijing-Tianjin-Hebei region, Yangtze River Delta, and Chengdu-Chongqing region.

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R&D Overview

BBMG undertook several R&D initiatives in 2024, focusing on innovation and transformation. The company expanded its product atlas in the new materials industry, completed the reorganization of the "National Key Laboratory of Recycling and Low-Carbon Regeneration of Materials," and released the innovative "BBMG · Xingyi" folding combined building. BBMG also formulated a green and low-carbon transformation plan and issued the Measures for the Management of Carbon Emission Rights. The company implemented a "Three-year Action Plan for Tackling Scientific and Technological Innovation (2024-2026)" to enhance its scientific and technological innovation capabilities and promote the transformation and upgrading of traditional industries. BBMG was granted 458 patents in 2024. The affiliated enterprises of the company applied for 644 patents, including 150 invention patents, and obtained 39 software copyrights. In FY2024, the company spent CNY665.9 million on R&D, which accounted for 6.0% of the company’s revenue.

Business Segments

Overview

Manufactures and sells cement, concrete, furniture, and building materials. Produces various modern building materials including furniture and woods, decorative and fitting materials, wall body and insulation materials and refractory materials. Also, carries out the building materials trading and logistics business.

Performance

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Overview

Engages in the development and sales of property, invests in properties for their rental income and for capital growth. Provides management and security services for commercial and residential properties.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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