# Tianshan Cement subsidiary to jointly establish Chizhou Hangjia company

Tianshan Cement's subsidiary Southern Cement and its subsidiary Chizhou Zhongjiancai, together with Sinoma Energy Conservation Investment, agreed to jointly establish Chizhou Zhongjiancai Hangjia New Materials Co., Ltd. with an investment of CNY 200 million. Southern Cement holds 56%, Chizhou Zhongjiancai 39%, and Sinoma Energy Conservation Investment 5%.

- Type: Partnership
- Announced: 2021-12-27
- Where: Chizhou, Anhui, China
- Value: $31.4M (200.0M CNY)
- Status: announced
- Products: new building materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Tianshan Cement](https://endata.com/companies/48814.md)
- [Southern Cement](https://endata.com/companies/49246.md) (partner)
- [Chizhou Zhongjiancai New Materials](https://endata.com/companies/59936.md) (partner)
- [Sinoma Energy Conservation International Investment](https://endata.com/companies/59937.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/629646.html), 2021-12-27: "共同出资设立池州中建材杭加新材料有限公司，投资额2亿元"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.