15 billion funds in place! China National Building Material Co., Ltd., Conch Cement Co., Ltd., Shangfeng Cement Co., Ltd. and other partners do great things.

2024-02-19 09:14:34

Recently, Conch Cement issued the Announcement on the Completion of the Initial Fund Raising of the Industrial Investment Fund Participated in the Establishment.

Recently, Conch Cement issued the Announcement on the Completion of the Initial Fund Raising of the Industrial Investment Fund Participated in the Establishment.

The announcement said that in 2021, Anhui Conch Cement Co., Ltd. (Hereinafter referred to as "China Building Material Private Equity Fund") and other limited partners jointly invested in the establishment of China Building Material (Anhui) New Material Industry Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Industrial Investment Fund"). The size of the first phase of the fund is 15 billion yuan , and the company, as a limited partner, has subscribed 1.6 billion yuan.

Recently, the Company received a notice from CNBM Private Placement Fund, the fund manager, that the initial capital of the Industrial Investment Fund has been fully paid in place, and the actual raised capital is RMB 15 billion.

The fund will focus on investing in new materials industry , including but not limited to fiber and composite materials, glass-based materials, membrane materials, optoelectronic materials, crystal materials and other new materials , and appropriately invest in materials related to industrial transformation and upgrading;

The fund focuses on supporting the development of enterprises in the growth and maturity stages, focusing on docking the strategic emerging industry cluster development base and experimental base in Anhui Province, focusing on supporting key enterprises and major projects in the core links of the strategic emerging industry chain, and focusing on supporting major industrial projects and major industrial projects in the strategic emerging industry.

The announcement is as follows:

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Recently, Conch Cement issued the Announcement on the Completion of the Initial Fund Raising of the Industrial Investment Fund Participated in the Establishment.

2024-02-19 09:14:34

In order to help cement enterprises go through the cycle and green transformation, China Cement Network will hold the "16th China Cement Energy Conservation and Environmental Protection Technology Exchange Conference and the First Solid Waste Comprehensive Utilization and Fluidized Solidified Soil Development Conference" in Wuhan, Hubei Province from December 3 to 4, 2026, and release the "2026 Cement Kiln Co-processing Hazardous Waste Capacity Ranking List" at the same time. The conference will focus on in-depth discussions on green low-carbon transformation of cement enterprises, energy saving, carbon reduction and efficiency enhancement, solid waste disposal and comprehensive utilization of resources, research and development and industrial application of green low-carbon cementitious materials, so as to provide the industry with authoritative policy interpretation, key technologies and incremental market expansion.