Chinas Baustoffkonzern BBMG IPO

Der Gesamtkonzern ist breit aufgestellt und bietet laut eigenen Angaben 24 verschiedene Produkte in mehr als 10.000 Spezifikationen auf. Weiterhin beschäftigt sich das Unternehmen mit der Entwicklung von Immobilien sowie Bauplanungen.
Interessant an dem Unternehmen ist, dass dieses erst vor vier Jahren in Peking mit Hilfe der städtischen Entwicklungs- und Reformkommission und dem Handelsministerium etabliert wurde.

Das Paket zur Stimulierung der Wirtschaft hat einem starken Schwergewicht auf die Infrastruktur.
Unternehmen von Chinas Baustoffsektor waren die ersten, welche das zu spüren bekamen.

In BBMG sehe ich noch sehr viel Potenzial für die Zukunft.
Wie steht ihr zu BBMG?

Beijing Building Materials Group Co., Ltd. (BBMG) is a large enterprise group combining production, scientific research , design , development, construction with marketing. BBMG has 158 enterprises in which there are 80 Sino-Foreign joint ventures. BBMG is one of the top 500 largest industrial enterprises and one of the top 10 profit tax enterprises in the national building material industry. The Group is engaged mainly in 24 kinds of products in more than 10,000 specifications such as cement and concrete products, wall body materials, sanitary ceramics for construction, insulation materials, decorating materials for construction , water- and fire-proof materials, building doors and windows, wood processing and furniture, artistic lamp and construction machine, more than 120 of which are famous products of high quality. 47 enterprises utilize the international standards and their products are exported to more than f40 countries and areas. The Group has advanced production technology and equipment in the world, stronger technolo9gical force and complete scientific design agencies. In the same industry of the country, it has complete kinds, high quality and its technology is in the leading place.
The Group deals with the development of real estate, design of building decoration, construction and import and export.

2009/09/01 17:30  
 
(Infocast News)                Asked the impact of excess cement production capacity in China on BBMG Corporation (02009), the company's chairman, Jiang Weiping, said an excess in the country's total cement production capacity does not necessarily mean a regional excess. This, together with the RMB4 trillion economic stimulation package, the good development of the Beijing real-estate market and the development of the Bohai Rim, have created strong demand for cement in Beijing, he said. He expects the trend to last in the second half of this year.

Beijing has a cement demand of 20 million tonnes while the production capacity is currently only 10 million, representing a 50% difference between supply and demand, executive director and president Jiang Deyi added.

Jiang expects BBMG's cement production capacity to exceed 20 million tonnes by the end of this year and to exceed 30 million tonnes by the end of next year.

Jiang also said the company had no plan for listing shares on the A-share market.

www.finanznachrichten.de/...tien/bbmg-corporation.asp#14833750

2009/09/01 17:03  
 
(Infocast News)            BBMG Corporation (02009) executive director and chief financial officer Wang Hongjun said today the company's current land reserve, totalling 3.88 million square metres, will be able to satisfy the company's development needs in the coming two to three years. During the first half of this year, the company invested more than RMB1 billion to add 1.26 million square metres of land. In the second half, it plans to pay RMB1.5-2.0 billion for land acquisition, he said. The company's existing land sites are mainly in Beijing, Hangzhou and Hohhot.

The company intends to use RMB3.67 billion as capital expenditure in the second half of this year. The capital expenditure does not include the spending for land acquisition, he said.

Date:09-22-2009
BBMG (HKG:2009) announced interim results for the 6 months ended 30 June 2009. Turnover was up 6.9% YOY to RMB5.1 billion. Net profit grew 63.8% YOY to RMB732 million. The earnings per share was RMB0.26. The management didn't declared a interim dividend