| China United Cement Group
Corporation Limited (CUCC), established in 1999,
after nine years development through consolidation, restructuring,
technological transformation, and construction, it has changed
from a cement enterprise with an annual output of 1.3 million
tons in 1999 to a leading cement enterprise in Shandong, Jiangsu,
Henan, Hebei, and Anhui provinces, which owns international
advanced capacity of 10000t/d and domestic advanced capacity
of 6000t/d new type dry cement production lines. It owns more
than 30 cement companies with an annual production capacity
of more than 32million tons, which ranks the second in national
cement industry. Its total assets exceed 10billion Yuan. It
is one of the large cement group under the state favor.
CUCC is one of the key enterprises in cement segment of
China National Building Material Company Limited (CNBM,
Stock Code: 3323), of which H share is listed in the Stock
Exchange. It has cement clinker production base, cement
powder production base, and commercial concrete production
base in a uniform "CUCC" in the brand to provide
the consistency of product quality and services and bring
higher return to shareholders.
CUCC is willing to work with people at home and abroad,
committed to the harmony between human and nature, and to
build business relationships with more customers, suppliers,
R&D centers, and industry colleagues in various fields
of cooperation, build win-win cooperation, and promote the
development of cement industry, and serves the economic
construction, work together to create a better future. |
South Cement
is one of the key enterprises in cement segment of China
National Building Material Company Limited (CNBM, Stock
Code: 3323). It was formally incorporated on 5 September
2007 in Shanghai with its operation office in Hangzhou,
Zhejiang province. Its initial registered capital was RMB
3.5billion Yuan. CNBM provides RMB 2.625billion Yuan which
holds 75% equity interest. Zhejiang Bangda, Jiangxi Wannianqing,
Hunan SASAC, Jianfeng Group and Beijing Huachen hold 12.5%,
4%, 3%, 3%, and 2.5% of the total capital accordingly.
Since its foundation, South Cement has
been persisting in ¡°gain scale through consolidation and
restructuring, prevent malignant competition through market
integration, push energy saving and reduction of emission
through technology and management improvement, and achieve
return through capital market¡±. South Cement actively developed
consolidation and restructuring of cement companies in one
city and four provinces including Shanghai, Jiangsu, Zhejiang,
Hunan and Jiangxi. The production capacity has expanded
rapidly. The market covers Zhejiang, Shanghai, Jiangxi,
Hunan and part of Jiangsu.
The foundation of South Cement has gained
great support from cement companies in one city and four
provinces of the southeast and local governments. It also
has gained positive evaluation from the State-owned Assets
Supervision and Administration Commission of the State Council,
China Building Materials Industry Association, China Cement
Association and investors.
South Cement continuously improves production
and business management. Its central office is the investment
center, branch companies are profit centers, and individual
companies are cost center. It actively and efficiently implemented
¡°Three 5¡± management operation mode of CNBM, that is ¡°Five
N¡±, i.e., integration, patternization, institutionalisation,
processization and digitalisation. " Five C "
(five centralisations) , i.e., marketing centralisation,
procurement centralisation, financial centralisation, technical
centralisation, investment decision-making centralisation.
" Five I" (five indices), i.e., net profit index,
selling price and sale volume index, cost index, cash flow
index, gearing ratio index. It aims to maximize benefit,
and bring high return to shareholders.
South Cement has become an industry leader
in production capacity, area market share, and profit earning,
through consolidation and restructuring. It has been trying
to increase net profit per ton of cement with fast expansion
in scale at the same time.
South Cement aims to become a creative
& efficient, resource-saving, environmental friendly,
social responsible enterprise; a professional cement company
in scale, marketization, and sustainable development, which
provides high return to shareholders. |
