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 The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of variou ...

of the

State Council of the People's Republic of China The State Council, constitutionally synonymous with the Central People's Government since 1954 (particularly in relation to local governments), is the chief administrative authority of the People's Republic of China. It is chaired by the p ...

. It is the world's largest

cement A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mix ...

equipment and

engineering Engineering is the use of scientific method, scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad rang ...

service provider and China's leading non-

metal A metal (from Greek μέταλλον ''métallon'', "mine, quarry, metal") is a material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well. Metals are typicall ...

materials

manufacturer Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ...

. It is also the only enterprise that possesses a series of core technologies and complete innovation system in non-metal materials industry in China. The group's

subsidiaries A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a sa ...

listed as A shares in the

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...

and the

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

are Sinoma International Engineering (), Ningxia Saima Industry () and Xinjiang Guotong Pipeline (). Another of the group's subsidiaries, China National Materials (), was listed as

H share H shares () refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exc ...

s in the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

on 20 December 2007 while the

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

price was HK$4.5 per share. It attracted six

investors An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...

including

China Construction Bank China Construction Bank Corporation (CCB) is one of the " big four" banks in China. In 2015, CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic bra ...

China Life Insurance China Life Insurance Company Limited (short China Life, ) is a Beijing-headquartered China-incorporated company that provides life insurance and Annuity (financial contracts), annuity products. China Life is ranked No. 94 on Fortune 2015 Global 5 ...

China Communications Construction China Communications Construction Company, Ltd. (CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including ...

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...

Government of Singapore Investment Corporation GIC Private Limited is a sovereign wealth fund in Singapore that manages its foreign reserves. Established by the Government of Singapore in 1981 as the Government of Singapore Investment Corporation, its mission is to preserve and enhance the ...

(GIC) and Leslie Lee Alexander, owner of the

Houston Rockets The Houston Rockets are an American professional basketball team based in Houston. The Rockets compete in the National Basketball Association (NBA) as a member team of the league's Western Conference Southwest Division. The team plays its ho ...

basketball Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular Basketball court, court, compete with the primary objective of #Shooting, shooting a basketball (ball), basketball (appr ...

team.Sinoma IPO
Xinjiang Tianshan Cement (), a company listed in Shenzhen, was China National Materials's subsidiary

Business areas

China National Materials Company Limited and its subsidiaries, provides cement equipment and engineering services, as well as manufactures cement, glass fiber, and non-metal materials. It operates in four segments: Cement Equipment and Engineering Services, Glass Fiber, Cement, and High-Tech Materials. The Cement Equipment and Engineering Services segment provides engineering and construction services for mines, roads, bridges, and tunnels projects; builds equipment used in new dry process cement production lines; engages in equipment purchasing; offers project research, development, and design services; and provides

turnkey A turnkey, a turnkey project, or a turnkey operation (also spelled turn-key) is a type of project that is constructed so that it can be sold to any buyer as a completed product. This is contrasted with build to order, where the constructor builds ...

services. The Glass Fiber segment engages in the production and sale of glass fiber and glass fiber products, such as roving, glass fiber mats, electronic yarn, chopped strands, and woven roving. The Cement segment produces and sells cements, clinkers, and standard sand. The High-Tech Materials segment involves in the production and sale of glass microfiber paper, high strength glass fiber, high temperature filtration materials, and composite materials; and the provision of design, equipment, and technology services for glass fiber production and non metal mineral fine processing. This segment also provides microcrystalline alumina ceramics and fine fused quartz ceramics; high pressure electric porcelain and used silica ceramic crucible; and KTP, infrared crystals, and microcrystalline glass. The company sells its products in the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

, the Middle East, Europe, Africa, and other Asian countries.

References

External links

China National Materials Group CorporationChina National Materials Company LimitedSinoma International Engineering Company LimitedSinoma Rus Co., Ltd
{{authority control Manufacturing companies based in Beijing Construction and civil engineering companies of China Cement companies of China Government-owned companies of China Manufacturing companies established in 1953 Chinese companies established in 1953 Construction and civil engineering companies established in 1953

Business areas

See also

References

External links