Sinoma International, Southern Cement and Zongyang to form joint venture for aggregate business

Sinoma International's subsidiary Anhui Jieyuan will jointly set up Zongyang Southern Materials Co., Ltd. with Southern Cement and Zongyang Investment Development. The JV has registered capital of CNY 500 million, with Sinoma International holding 19%.

“安徽节源参股设立枞阳南方材料有限公司，符合公司'有限相关多元'的发展战略。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com中材国际(600970.SH)拟携南方水泥等设合资公司开展骨料业务Jan 22, 2021

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