China Building Materials Co., Ltd

Southern Cement

Nanfang cement is one of the core enterprises in the cement business section of China Building Materials Co., Ltd. (3323.hk, hereinafter referred to as "China building materials"), which was registered and established in Shanghai on September 5th, 2007, and its operation headquarters is located in Hangzhou, Zhejiang Province.

Since the founding of Southern cement, the company has grown rapidly by adhering to the development policy of "joint restructuring, optimization of layout, market coordination, management integration and technological progress". By the end of 2010, the annual capacity of cement in South China exceeded 120 million tons, covering Zhejiang, Shanghai, Jiangsu, Anhui, Hunan, Jiangxi, Guangxi and other provinces (cities), and became the largest large cement enterprise group in Southeast Economic Zone of China.

While promoting the optimization of joint restructuring and layout, Nanfang cement promoted management integration according to the overall requirements of the "Three Five Year Plan" operation mode determined by China building materials, established RCM operation strategy with "regionalization, cost leading and market expansion" as the main content, established a clear organizational structure and a sound group management and control business management system, regional market competitiveness and enterprise profitability The strength is constantly improving.

China Southern cement will adhere to the enterprise concept of "good use of resources and service construction", strive to create "four" enterprises with "innovation performance type, resource saving type, environment friendly type and social responsibility type", and strive to develop the company into a professional cement company with leading scale, technology leading, management leading and first-class benefit in China's cement industry.

China Building Materials Co., Ltd. (hereinafter referred to as "China building materials") is a large-scale central building materials enterprise, the core enterprise of China Construction Materials Group Co., Ltd., founded on March 28, 2005, and listed on the Hong Kong Stock Exchange on March 23, 2006 (Stock Code: 3323.hk). The company has been included in the MSCI China concept stock index, Hang Seng China enterprise index and Dow Jones overseas 50 index.

China's main business includes cement, light building materials, glass fiber and composite materials, engineering services four major plates.

The strategic goal of China building materials is to "become the world-class building materials manufacturer, and create the greatest return for shareholders"; the core values are "innovation, performance, harmony and responsibility". In the past five years since the listing, China building materials has explored a development path of "capital operation, joint restructuring, management integration and integrated innovation". The main business scale has grown rapidly and its profitability has been continuously improved. By the end of 2010, China's annual capacity of building materials cement exceeded 200 million tons, annual capacity of gypsum board reached 1billion square meters, annual capacity of glass fiber reached 1million tons, annual capacity of wind turbine blades increased from zero to 15000 pieces, and annual revenue of engineering services reached 5.1 billion yuan. China building materials has become the largest cement producer in China, the largest gypsum board manufacturer in Asia, the largest wind turbine blade manufacturer in China, the largest glass fiber producer in the world and the leading international general contractor service provider.

Based on the requirements of international investors, China building materials comprehensively promoted corporate governance, established a standardized corporate governance structure, and formed a unique "three five year" management model, namely five n (five-way operation mode -- physical, model, institutionalized, process, digital), five C (five centralized management mode -- centralized marketing, procurement, finance, technology) The management mode of "five key operation indicators" and "five types of key operation indicators management" and "five digital operation indicators corresponding to their posts" are centralized in technology and investment decision-making. Strategic management, investment management, capital management and key operation index management are strengthened. The management ideas of grass-roots companies are established, each business sector is profit center, and joint stock company is the investment center. The management ideas of basic level companies are established, and the business segments are profit centers and joint stock companies are investment centers We have improved the performance culture system, strengthened management integration and management improvement, promoted brand unification, centralized procurement and collaborative sales, reduced production cost and improved economic benefits.

In the future, under the guidance of scientific development concept, China will steadily promote capital operation and joint restructuring, carry out management integration, vigorously promote energy conservation and emission reduction, and strive to build an industry leader enterprise with international competitiveness which not only creates high returns for shareholders but also has good social responsibility, and makes new contributions to the healthy development of China's building materials industry.