Beijing New Building Material Company Limited (BNBM), a subsidiary of China National Building Material Group Corporation (CNBM), was established in 1979 with total assets of RMB 5 billion Yuan as the largest base of new building material production. Its shares were listed in Shenzhen Stock Exchange In 1997 (stock code: 000786). It was appointed as one of the 100 sample companies for Modern Enterprise System by the state council in 1994. It ranked the first group of national technology centre in 1996 and top 520 important companies in 1999. In 2000, it was approved to be a national new material industry park in Zhong Guan Cun science and technology Industry Park. It was accredited by Chinese government as ‘State Housing Industrialization Base’ in 2002 and ‘39 Key Public Listed Companies of State Investment’ in 2005.

The businesses of BNBM can be summarized into the following three fields:

Core businesses: Three board businesses such as gypsum board, mineral fiber board, fiber cement wall siding board and their supplementary product systems.

Collaborating businesses: House industrialization, House components, energy and space saving manufactured house, building materials chain store and logistics.

Investment businesses: strategically investing in new building materials, new materials, energy-saving and environment-friendly high-tech industry to optimizing and re-allocating the assets of the listed companies within these industries, and benefiting from business innovation and market increase.

BNBM has been keeping “sustainable use of resources” as its belief and encouraging technology and management innovation. It has increased its income and net profit within three years from 2004 to 2006. It apples flue gas desulfurization gypsum and blast furnace slag as a raw material for gypsum board production technology. It also put efforts in new building material and energy saving housing system development. The quantity of its possessory intellectual property rights ranks No.5 in Beijing area and No.1 in building material industry. Its technology innovation system won the national prize of enterprise management innovation in 2004. BNBM has been accredited to the ISO9001, ISO14001, and OSHMS18000, which compose the Quality, Environmental & Safety (QES) Management System.

BNBM is the only company that has been granted the title of “Double Green Stars” in the building materials industry in China. Its products have won a great number of awards and titles such as China National Quality Award (the only company in the building material industry), National Famous Brand, National Reputed Trademark, and National Leading Brand etc. BNBM gypsum board has been awarded the titles of National Famous Brand and China Number One Brand of the Most Influential Gypsum Board etc. The company's business guideline is “to provide first-class products and service with price slightly above the average”. With years of great efforts, BNBM has been designated as a major product supplier and service provider for a great many national key projects, such as the first five-star hotel in China-the Great Wall Hotel, the first steel structure building in china- the Jinguang Center, Great Hall of the People, the Headquarters of the Central Military Committee of People's Liberation Army, office building of Public Security Ministry of China, the National Grand Theater, Beijing Olympic Mansion, the Capital International Airport, Head Office of the Commercial and Industrial Bank of China, National Power Edifice, Headquarters of CNOOC, the highest building in the world - Shanghai Global Financial Center and the Venice Hotel of Macao, etc.

Currently, BNBM is playing a major role as the biggest manufacturer in China for gypsum board, mineral fiber board and metal stud, with annual manufacturing capacities of 360 million sq. meters (3.88 billion sq. feet), 16 million sq. meters (172,228,202 sq. feet), and 55,000 tons respectively. Expects to become number one in Asia in 2010, BNBM has made a plan to further expand annual manufacturing capacity of gypsum board, mineral fiber board, fiber cement wall siding board and steel stud to 1 billion sq. meters, 50 million sq. meters, 20 million sq. meters, and 200,000 tons respectively. The strategic objective of BNBM is to develop its core businesses to the first in Asia, and third in the world around 2010, become a competitive world class new building materials group with possessory brand name and intellectual property rights.