In 2023, China Building Materials Co., Ltd. actively responded to the complicated international situation, comprehensively promoted the landing of the "overseas reengineering" strategy, opened the first year of internationalization, and stepped up the development of internationalization to a new level.
01 The operating results of international business achieved double growth in revenue and profit, double growth in operating results and operating quality, and the internationalization strategy achieved a good start
in 2023. Including the operating results of China Jushi's overseas enterprises. It does not include the export of products of domestic enterprises. Converted into RMB. The operating revenue was RMB30,845 million, representing a year-on-year increase of 6.11%; the net profit was RMB2,297 million, representing a year-on-year increase of 10.26%; and the total assets were RMB25,662 million, representing a year-on-year increase of 5.41%. Double growth of income and profit, double growth of business performance and business quality.
China National Building Material Co., Ltd. has set up 298 institutions and project departments in 79 countries and regions around the world, with 30,843 overseas employees, an increase of 34.86% over the same period last year. The localization index is 61.29%. It has
invested in leading industries such as cement, commercial mix, aggregate, gypsum board, glass fiber, AGM new energy battery separator, wind power blade and so on.
Engineering and technical services business ranked first in the global market share of the same industry for 16 consecutive years. By the end of 2023, it had undertaken 332 production lines overseas, and was responsible for the operation and maintenance management of 47 cement production lines and 5 mine projects. International Investment Layout
of CNBM's Main Business (2023)
(Map Source: Standard Map Service System)
03 Strengthen international strategic supervision and top-level design. To formulate the development goals
for the next 10 years, formulate the "14th Five-Year Plan for Internationalization and the Development Goals for 2010", and promote the international development of the whole business, the whole process and all elements. Deeply cultivate strategic national markets, give full play to the advantages of group business portfolio, and promote the implementation of comprehensive solutions for internationalization of basic building materials and new materials.
04 Bright spots of international business, actively cultivate new quality productivity
, complete the reorganization of the international platform company of basic building materials, and increase the registered capital to 10 billion yuan. Zambia's production base broke through the net profit of 100 million yuan, and Mongolia's production base was integrated and optimized to resume production, creating the best performance since it was put into operation. Clinker cement production line
in Mongolia, gypsum board business in Tanzania production base, double growth of business income and profit; The largest gypsum board production line in Central Asia was built in the Uzbekistan project, which was put into operation and profitable in the same year. After the President of Uzbekistan was re-elected, the first national economic work conference was held at the production base of Beixin Building Materials Central Asia Company. The President of
Uzbekistan held a national economic work conference
at the North New Building Materials Central Asia Company, and the expansion and upgrading of the glass fiber production bases in the United States and Egypt were successfully completed. The company's global market share of glass fibers has further increased. The first international production base of wind power blade business
in Jushi Glass Fiber Production Base
in the United States was located in Brazil and successfully completed and put into operation, achieving zero breakthrough in the international industrial layout of wind power blades.
Sinoma Blade Brazil
has further strengthened its leading position in the internationalization of its engineering services business. It was once again selected as the annual ENR "250 largest international contractors in the world", ranking 43 in the world and 11 in China. The value of newly signed overseas contracts was 33.307 billion yuan, up 55% year on year; the proportion of equipment overseas business revenue in equipment revenue increased to 25%. The MAL01 project in Lahao, Poland, undertaken
by Sinoma Zhike, was selected as the "Typical Case of China-EU Green and Low Carbon Development Cooperation in 2023"
. The profitability of overseas building materials supermarket chains and overseas warehouses was further enhanced, with operating income increasing by 31% and net profit increasing by 132%. Overseas building materials supermarket chains have accelerated the layout of new stores, opened three new stores, and basically achieved full coverage of the South Pacific island countries.
05 Actively implement ESG and lead the technological innovation
of carbon emission reduction in European cement industry to join the United Nations Global Compact Organization (UNGC). They are deeply involved in infrastructure construction, poverty reduction, community services and education development in their countries. Jushi Egypt has provided more than 2000 jobs for the local people, and the localization rate of employees is 98%, which has been selected as the best poverty reduction case in the world. North New Tanzania donates building materials and funds to support community and education development. In Paris, it has carried out strategic cooperation with the world's top 500 enterprises in France to reduce carbon emissions and promote sustainable development. Each of the three major cement enterprises in Europe has taken out a production line to carry out carbon emission reduction and zero-carbon plant technology transformation, all of which are contracted by the company's Sinoma Construction, of which the French K6 project is expected to reduce carbon dioxide emissions by 860000 tons a year after putting into operation.
Looking forward to 2024, CNBM will continue to unswervingly promote the implementation of internationalization strategy, promote the internationalization of all business, all processes and all elements, comprehensively strengthen the construction of overseas compliance risk control system, and take various measures to achieve high-quality development of international business.
