China Resources Cement

China Resources Building Materials Technology Holdings Co., Ltd. (referred to as CR Building Materials Technology) is a Hong Kong-listed company under China Resources Group, a central state-owned enterprise (stock code: 1313.HK). The company is a large-scale and competitive producer of cement, clinker, and concrete in South China, ranking fifth in the 2023 "Comprehensive Strength Ranking of China's Listed Cement Companies" by the China Cement Association, and is included in 11 indices, including the Hang Seng Composite Index, Hang Seng China-Affiliated Corporations Index, Hang Seng China High Dividend Yield Index, Hang Seng Composite Industry Index (Properties & Construction), Hang Seng Composite MidCap Index, Hang Seng Composite LargeCap & MidCap Index, Hang Seng LargeCap & MidCap (Investable) Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong Greater Bay Area Index, Hang Seng China Central SOE Index, and Hang Seng Stock Connect Hong Kong & Mainland Greater Bay Area Composite Index. The company's business focuses on basic building materials (cement, aggregate), structural building materials (concrete, prefabricated construction), functional building materials (artificial stone, tile adhesive, white cement), and new materials, mainly covering Guangdong, Guangxi, Fujian, Hainan, Yunnan, Guizhou, Shanxi, Hong Kong, Hunan, Hubei, Shandong, and Chongqing, while fully leveraging synergies among businesses to continuously optimize the industrial chain layout, promote corporate transformation and innovation, and facilitate high-quality and sustainable development of the industry. The basic and structural building materials businesses use "Runfeng" as the unified product brand. As of the end of June 2023, through controlled and associated enterprises, the annual production capacities of clinker, cement, and concrete reached 75.7 million tons, 112 million tons, and 42.4 million cubic meters, respectively; after all projects are completed, the annual aggregate production capacity is expected to exceed 151 million tons, and the designed annual production capacity of prefabricated buildings is expected to be approximately 1.4 million cubic meters. The functional building materials business uses "Runpin" as the unified product brand, mainly applied to artificial stone and tile adhesive businesses. In 2023, the company continuously optimized its artificial stone business, established standardized product systems, and piloted sales of standardized artificial stone products; after all under-construction projects are put into production, the annual production capacity of artificial stone will reach 26.1 million square meters. The new materials business is currently exploring development opportunities in silicon-based, calcium-based, basalt, and other new materials, and actively promoting the implementation of new materials industry projects. The company attaches great importance to corporate social responsibility, plans development with a focus on harmonious coexistence between humanity and nature, takes ecology, environmental protection, safety, and intensive resource utilization as the main line of work, actively promotes safe production, energy conservation, emission reduction, and carbon emission management, carries out projects for co-processing of municipal solid waste, municipal sludge, and industrial hazardous waste in cement kilns, continuously improves the environmental management system, practices ecological civilization, actively responds to climate change, leads the industry's green and low-carbon development, and comprehensively enhances the ecological momentum for building a beautiful China. The company always integrates ESG management into its business operations and roots it in its business. In 2023, the company was successfully selected as 13th on the "China ESG Pioneer 100 Listed Companies" list, and its co-processing practice of "Cement kiln as a 'purifier', exploring new paths for pollution and carbon reduction" was selected as an outstanding ESG case in the "ESG Blue Book of Central Enterprise Listed Companies (2023)". In addition, the company continues to strengthen the R&D and application of new products, new materials, and new technologies, build a high-level new materials R&D platform, accelerate work in technology, management, and business model fields, and provide the public with quality building material products, services, and system solutions. The projects declared by the company, namely "Platform-based and integrated intelligent manufacturing scenarios across the entire process", "New intelligent operation and maintenance model for manufacturing production equipment", and "Financial shared services in the cement industry enabling digital transformation", won the first, second, and third prizes respectively in the first "State-owned Enterprise Digital Scenario Innovation Professional Competition" hosted by the SASAC, striving to build a benchmark for intelligent manufacturing and actively promote high-end, intelligent, and green transformation.