Western Construction Announcement said that according to the company's business development needs, it is proposed to register and establish Zhongjian Xijian Mining Co., Ltd. in Chengdu with its own capital of 90 million yuan (tentative name, ultimately subject to industrial and commercial registration). It is reported that this investment is conducive to accelerating the company's sand and gravel industry planning and landing, and realizing the professional management of sand and gravel business. The business scope
of CSCEC Xijian Mining Co., Ltd. mainly includes: mining of mineral resources (non-coal mines); processing of building stones; sales of building materials; manufacturing of new building materials (excluding hazardous chemicals); manufacturing of cement products, etc. The main product of
Western Construction is ready-mixed concrete, and the main raw materials and energy for the production of ready-mixed concrete are cement, sand and electricity. This external investment is in line with the company's strategic development and actual operation needs, which is conducive to accelerating the implementation of the sand and gravel industry planning, realizing the professional management of sand and gravel business, and further improving the competitiveness of the company.
The proposed establishment of Zhongjian Xijian Mining Co., Ltd. is only a link for the company to strengthen the cultivation of sand and gravel aggregate business.
On August 13, the company's research Institute hosted the second Xinglong Lake Forum in 2023 with the theme of "High Quality Development of Sandstone and Concrete". Two experts and scholars, Hu Youyi, President of China Sandstone Association, and Song Shaomin, Vice President of China Sandstone Association and Professor of Beijing University of Architecture, gave special lectures entitled "Current Economic Situation and High-quality Development of Sandstone and Concrete Industry" and "Development and Reflection of Machine-made Sand and Modern Concrete Industry Technology". The Xinglong Lake Forum, with science and technology as its link, has promoted exchanges between the main business and new business units of the joint-stock company and national industry associations and local concrete associations in the industrial chain. The high-quality development of
sand and gravel aggregates is closely related to the green development of concrete. As an excellent comprehensive service provider in the field of ready-mixed concrete engineering and materials, China Construction Western Construction will continue to strengthen innovation drive and technological guidance to promote the high-quality development of the industry.
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