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China National Materials Group information


China National Materials Group Corporation
中国材料工业科工集团公司
Company typeState-owned enterprise
IndustryCement equipment and engineering
Founded1983
Headquarters
Beijing
,
People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Tan Zhongming
Revenue28.75 billion Yuan (2008) [1]
Net income
2 billion Yuan (2008) [2]
Number of employees
48,084 [3]
WebsiteSinoma Official Website

China National Materials Group or Sinoma, established in 1983, is a central government-administered enterprise directly under the administration of the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. It is the world's largest cement equipment and engineering service provider and China's leading non-metal materials manufacturer. It is also the only enterprise that possesses a series of core technologies and complete innovation system in non-metal materials industry in China.[4]

The group's subsidiaries listed as A shares in the Shanghai Stock Exchange and the Shenzhen Stock Exchange are Sinoma International Engineering (SSE: 600970), Ningxia Saima Industry (SSE: 600449) and Xinjiang Guotong Pipeline (SZSE: 002205).[5]

Another of the group's subsidiaries, China National Materials (SEHK: 1893), was listed as H shares in the Hong Kong Stock Exchange on 20 December 2007 while the IPO price was HK$4.5 per share. It attracted six investors including China Construction Bank, China Life Insurance, China Communications Construction, Citigroup, Government of Singapore Investment Corporation (GIC) and Leslie Lee Alexander, owner of the Houston Rockets basketball team.[6] Xinjiang Tianshan Cement (SZSE: 000877), a company listed in Shenzhen, was China National Materials's subsidiary

  1. ^ Sinoma - About us Archived 2010-02-12 at the Wayback Machine
  2. ^ Sinoma - About us Archived 2010-02-12 at the Wayback Machine
  3. ^ Sinoma - Human Resources Archived 2010-02-12 at the Wayback Machine
  4. ^ Sinoma - About us Archived 2008-03-05 at the Wayback Machine
  5. ^ Sinoma subsidiaries Archived 2008-03-03 at the Wayback Machine
  6. ^ Sinoma IPO Archived 2011-05-20 at the Wayback Machine

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