Portland cement is fully owned by Huaxin cement. Huaxin Cement Co., Ltd. was founded in 1907 and is known as the cradle of China’s cement industry. It has made outstanding contributions to the national and local economic and social development for more than 110 years. Huaxin Cement’s corporate credit rating is ” AAA ” and “Huaxin Fortress” is a well-known Chinese trademark. Huaxin Cement was selected for the top ten buildings in Beijing in the 1950s , Beijing Asian Games Village, Gezhouba Dam, Beijing-Zhuhai Expressway, dozens of highway and railway bridges in the middle and lower reaches of the Yangtze River, and the world-renowned Three Gorges Project and other national key projects.Expand To Read More
In 1994, the company’s A and B shares were listed on the Shanghai Stock Exchange. In 1999 , it formed a strategic partnership with the Swiss Holcim Group. On March 28, 2022, Huaxin successfully converted its B shares to H shares and officially landed on the main board of the Hong Kong Stock Exchange.
Over the past 20 years, Huaxin Cement has undergone tremendous changes. Against the backdrop of China’s cement production annual compound growth rate of 7.5% , Huaxin’s main economic indicators have maintained an annual compound growth rate of 25% for 20 consecutive years . Huaxin has also grown from a local cement factory to a global building materials group with more than 300 branches and subsidiaries in more than ten provinces and cities across the country and overseas, involved in cement, concrete, aggregates, environmental protection, equipment manufacturing and engineering, new building is ranked among the top 500 Chinese manufacturing companies and Fortune China 500 (ranked 10th in terms of return on net assets). Huaxin Cement has been selected for the “China’s 500 Most Valuable Brands List” for many consecutive years, with a brand value of over 80 billion yuan, ranking among the top 80.
