Yaobai Cement

Yaobai Special Cement Group Co., Ltd. is affiliated with China West Cement Co., Ltd. (stock code 2233.HK), a Hong Kong-listed enterprise, and is a large-scale group enterprise integrating cement production and sales. After more than 30 years of development, the group has total assets of 12 billion yuan, nearly 6,000 employees, and a cement production capacity of 30 million tons, achieving an annual output value of over 7 billion yuan and profits and taxes of 2 billion yuan. Currently, it has 35 subsidiaries in Shaanxi, Xinjiang, Guizhou, etc. In 2018, it ranked 42nd among China's top 500 building materials enterprises, 12th nationally in clinker production capacity, 9th in comprehensive strength among listed cement companies, and 13th among China's top 100 private building materials enterprises. It also entered the top 50 of China's building materials enterprises and has been on the Shaanxi Top 100 list for five consecutive years, enjoying high industry reputation and brand awareness in western China. To adapt to international development trends and enhance competitiveness, on December 4, 2006, the group was successfully listed on the AIM market of the London Stock Exchange under the name China West Cement Co., Ltd., and on August 23, 2010, it was listed on the main board of the Hong Kong Stock Exchange. Since its listing, it has won high recognition from international investors and investment institutions due to strong growth momentum and good performance. The group's main products include ordinary Portland cement of various strength grades and special cements such as moderate heat Portland cement, low heat Portland cement, low heat slag Portland cement, road cement, sulfate-resistant Portland cement, and oil well cement. In 2016, the "Yaobai" brand oil well cement won the API monogram certification from the American Petroleum Institute. Moreover, Yaobai Group has a complete marketing network system and comprehensive after-sales service system, with products covering eastern and southern Shaanxi, Hotan and Ili regions in Xinjiang, and Huaxi area in Guizhou, widely used in national key engineering projects and urban-rural construction markets such as highways, railways, airports, bridges, tunnels, water conservancy, oil fields, etc. Over the years, the company has been continuously rated by the Shaanxi Provincial People's Government as a "Contract-abiding and Credit-worthy" unit and a "Provincial Environmental Protection Advanced Unit"; in 2006, it was selected as a "Well-known Enterprise in China's Building Materials Industry"; from 2006 to 2008, it was listed in Forbes' "China's Most Potential Companies" for three consecutive years; in 2008, it was rated as a "National Quality Management Advanced Unit" by the China Building Materials Federation; in 2009, it was recognized as one of the "Asia's 200 Best Companies by Market Value" and awarded the title of "National Excellent Enterprise in Management Innovation"; in 2010, it successfully became a safety culture demonstration enterprise; in 2011, it was rated as a "National Advanced Enterprise in Employment and Social Security" by the Ministry of Human Resources and Social Security, the All-China Federation of Industry and Commerce, and the All-China Federation of Trade Unions; the enterprise also took the lead in the industry in passing ISO9001 product quality certification, cleaner production audit, ISO14001 environmental system certification, and OHSAS18001 occupational health and safety management system certification; in 2015, it joined the World Cement Sustainability Initiative (CSI); in 2018, both the China Building Materials Federation and the China Cement Association jointly awarded Yaobai Special Cement Group Co., Ltd. the title of "Key Enterprise for Special Cement R&D in China." Facing the future, Yaobai Group will seize opportunities, take the "Belt and Road" initiative as an opportunity, actively integrate industrial chain resources, particularly targeting services for western transportation and infrastructure planning and construction centered on Shaanxi, combine corporate strategic planning with national construction, lay the foundation for the century-old vision of Yaobai, and contribute to the realization of the great Chinese Dream.