Tapai Group announced on August 9 that the company had a conference call with several institutional investors on August 8.
At the meeting, Tapai Group said that aggregate is a resource industry, at the same time, aggregate is also closely related to the real estate industry. At present, the aggregate involved by the
company is mainly the aggregate business developed by relying on the advantages of its own limestone waste rock resources. Guangdong Huaxinda Building Materials Technology Co., Ltd., a joint venture in which the company holds 45% of the shares, has a design capacity of 4 million tons of aggregate per year, and the raw materials come from the waste rock of Wenhua Mine, a wholly-owned subsidiary of the company.
The company is preparing to build an aggregate production line with a planned capacity of 2 million tons per year, which is expected to be completed and put into operation by the end of this year.