CNBM International Corporaion

CNBM International Corporation ˆCNBM‰is a state-owned enterprise in charge of administrative affairs in building materials industry; it was incorporated in ***4 upon the approval from the state council and is a national industrial management enterprise. In ***3, the group was selected to be one the largest group under the direct control of state owned Assets Supervision and Administration Commission of the State Council. CNBM uses €efficient use of resources serving the construction €as her philosophy, with the support of allocation of social resource; CNBM is carrying on €Scientific Innovation€ strategy €core building material€ and €Global Strategy€. Now it has become an integrated enterprise with four business sections: Manufacture, R&D, Complete Set of Equipment & Engineering service and Trade. CNBM has total assets of *0.8billion RMB Yuan, a staff of *0 thousands, **0 affiliated companies, 1 publicly listed company in Hong Kong, 2 Public listed companies in China mainland, *1 publicly listed companies in which CNBM has a substantial percentage of shares. CNBM adopts a parent-subsidiary company system, as the parent company, the head group company exercises the power affiliated with investors over the subsidiaries, including the power strategic control, organizing management, assets management and finance planning & supervision. As the business-operating focus on their core specialties and their major business. They constitute the profit centers of the group companies through brand reputation building and ensuring market-share of products and services.