# China National Building Material subsidiaries to establish two JVs for Chizhou wall material project

China National Building Material announced that its subsidiaries Southern Cement and Chizhou Zhongjiancai, together with Sinoma Energy Conservation Investment, established Chizhou Zhongjiancai Hangjia (CNY 200 million), and Chizhou Zhongjiancai with Sinoma Energy Conservation Wuhan established Sinoma Energy Conservation Chizhou (CNY 100 million). The two JVs will subsequently build a new energy-saving and environmental-friendly wall material production base project in Chizhou.

- Type: Partnership
- Announced: 2021-12-27
- Where: Chizhou, Anhui, China
- Value: $47.1M (300.0M CNY)
- Status: announced
- Products: energy-saving environmental-friendly wall materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [China National Building Material Group](https://endata.com/companies/20207.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)
- [Sinoma Energy Conservation Wuhan](https://endata.com/companies/59938.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/629756.html), 2021-12-27: "上述两家合营公司后续拟建设池州新型节能环保墻体材料生产基地项目"

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