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Research and Markets: Since 2000, Anhui Conch Cement Co. Has Ranked the First in Terms of Investment Consecutively among China's Listed Construction Material Companies

Post Time:Aug 14,2008Classify:Industry NewsView:400

DUBLIN, Ireland, Aug 13, 2008 (BUSINESS WIRE) -- Research and Markets (

This report makes an in-depth analysis on all investment projects financed by 40 listed construction material companies from 2000 to 2008, and then sums up investment trend of China's construction material industry and investment characteristics and trend of the listed companies.

Since 2000, project investment of China listed construction material companies has continued expanding. From 2000 to 2005, the investment growth maintained stable, while in 2006, such investment increased greatly, boosted by the booming cement industry. The year of 2007 kept the good momentum of rapid growth, and this year will continue to maintain the good development trend. It will be the focus of development in the next few years to eliminate obsolete production capacity and to practice energy-saving and environment protection.

Since 2000, Anhui Conch Cement Co. has ranked the first in terms of investment consecutively among China's listed construction material companies with a total investment of nearly CNY24 billion. Since 2006, the company has maintained a rapid growth in investment to continuously expand production capacity and build new production line, which has further strengthened its leading position in the industry. The No. 2 to No.4 in the rank are Yatai Cement Group Co., CSG Holding Co. and Jidong Cement Co. and their investment range from CNY7 to CNY11 billion.

Investment Characteristics of the company of CSG

Main business: high-end float glass sheet, engineering glass, fine glass, car glass, new electronic components.

Its investment is relatively scattered and South China has the largest part of investment. Since 2002, its investment has increased year by year. Business diversification and high-tech industry is the development trend of CSG Holding Co.

In 2007, the company developed ultra clear float glass with independent intellectual property rights by taking use of its advanced technical advantage in production of high-end float glass. In both 2007 and 2008, it expanded its production capacity consecutively in its engineering glass project in Dongguan, energy-saving glass project in Tianjin and engineering glass project in Wujiang. Its solar glass project in Dongguan, float glass project and fine glass project in Chengdu will be put into full production in 2008.

In the future, the company will further focus on the production of float glass, engineering glass, fine glass and solar glass so as to raise its core competitive edge. Rises in production cost driven by skyrocketing oil prices and real estate and auto market downturn at home will have a relatively big impact on the company in the second half of 2008. The company will make great efforts to develop energy-saving engineering glass in the future.

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Source: Research and Markets Author: admin

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