CNBM cement business integration into Xinjiang Tianshan Cement completed

CNBM Group has completed the integration of its cement businesses into Xinjiang Tianshan Cement Co., Ltd., injecting 100% equity of China United Cement, 99.93% of South Cement, 95.72% of Southwest Cement and 100% of Sinoma Cement. The transaction scale was 98.1 billion yuan, creating a cement giant with the largest business scale in the world.

“The integration will give birth to a listed cement giant with the largest business scale in the world and a market value of over 100 billion yuan.”cnbmltd.com

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• cnbmltd.com中国建材股份有限公司中文站改版 News CNBM Cement Business Integration Conference Held in Beijing, Cement Giant with Largest Business Scale in the World and Market Value of Over 100 Billion Yuan Makes New AppearanceMar 9, 2022

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