Holcim and China Nengjian Explore Equity Cooperation or New Cement Involving China?

26 September, Official News from China Nengjian (Original: "Song Hailiang Talks with Yang Yenisch, Chairman and CEO of Holcim Group" ) Song Hailiang, Party Secretary and Chairman of China Nengjian, held talks with Yang Yenisch, Chairman and CEO of Holcim Group of Switzerland at the company's headquarters. During the

exchange, Song Hailiang said that China Nengjian is willing to actively explore opportunities for equity cooperation in cement business with Holcim Group around the development of green energy transformation. Yang Yenisch also said that he hoped that the two sides would give full play to their respective advantages and deepen cooperation in cement business equity cooperation , overseas market linkage, new energy and other fields.  

Both sides emphasized equity cooperation in cement business, combined with previous market rumors that Holcim intends to sell its assets in China, the chairman of Holcim Group visited China to build and explore equity cooperation, which is reminiscent. Does it involve Huaxin Cement ? According to the

data, Holcim is the largest shareholder of Huaxin Cement, with a shareholding ratio of 21.53% ; China Nengjian is a super-large energy construction group in China. In terms of cement business, China Gezhouba Group Co., Ltd. is the major shareholder of Gezhouba Cement Group, accounting for about 82.1% of the equity.

Hubei is the core market of Huaxin Cement and Gezhouba Cement. The clinker production capacity of Huaxin Cement in Hubei is 24.025 million tons, ranking first; the clinker production capacity of Gezhouba Cement is 14.942 million tons, ranking second; The total clinker production capacity of the two accounted for 60.47% of the province.