BBMG shares successfully sucked and too cement will soon be listed a-share market

Securities Times reporter Xu Shengong recently, has been listed in the H-shares of Beijing-Tianjin-Hebei Cement building materials leader-BBMG shares (02009.HK) movement frequently.　　Reporter learned that the BBMG shares issued by the domestic capital market is another case of innovation, the current stock exchange absorption merger too cement (600553) and in the A-share listing of the relevant preparations have been completed, the return of a A-share only one foot. September 14, 2010, BBMG shares for stock Exchange and merger too cement and in a A-share listing program successfully passed the general meeting of shareholders to consider; January 21, 2011, the program successfully through the CSRC and the reorganization of the Audit Committee, into the return of a share of the key moment; January 31, the company publishes a prospectus;　　On the Internet Roadshow, February 16, Taihang Cement released the announcement. BBMG is the largest supplier of cement and commercial concrete in the Bohai Sea, Beijing-Tianjin-Hebei region, the largest affordable housing developer, Beijing's largest high-end property investment and management company, China's largest cement kiln Refractories provider and leading green building materials manufacturers. BBMG shares H shares were successfully listed on the board of the Stock exchange of Hong Kong on July 29, 2009, while the large shareholder gold group pledged to consolidate its cement assets.　　This is the golden corner of the joint stock absorption of cement is a major shareholder to fulfill the commitment to complete the consolidation of cement assets, but also to further enhance the brand influence, overall development of cement plate, deepen the joint operation of the plate and accelerate growth of valuable opportunities. In the embodiment of innovation at the same time, the BBMG shares absorption merger too cement scheme in exchange price, cash options, the establishment of additional options to fully safeguard the interests of a-share investors. The Taihang cement shareholders ' meeting was approved by the 97% high approval rate for the exchange-share merger.　　As of the withdrawal of the city before the suspension, the Taihang cement price of 14.98 yuan/share, far higher than the scheme set too cement for price and cash options exercise price, fully demonstrated a a-share investors on the trading scheme and the investment value of the golden corner of the highly recognized. From the market environment, the recent cement building materials industry positive news constantly. The Central Investment Water Conservancy Project, which is published in the center of this year, is considered a new bright spot in the cement market. Analysts pointed out that, in view of the construction of water conservancy projects need to consume a lot of cement, the increase in water Conservancy investment will lead to a rise in cement demand, preliminary estimates will drive 60 million tons of demand. Kong Xiangzong, secretary General of China Cement Association, also pointed out that the government will invest about 4 trillion yuan in water conservancy construction in the next ten years, which will reach 400 billion yuan a year, doubling the ratio last year. At the same time, the 10 million sets of affordable housing construction that the department has launched will bring about 150 million tonnes of new cement demand.　　In addition, the construction of urbanization, regional development, will make cement demand to maintain a certain growth rate. According to the data, the company will seize the opportunity of industry development and capital enrichment, and rapidly increase the asset size and profitability after the BBMG shares are issued. 2010 business continued to grow rapidly, according to the publicDivision's earnings forecasts, 2010, the company estimated operating income of 22.936 billion yuan, attributable to the company's shareholders net profit is expected to reach 2.682 billion yuan, of which the main business income is expected to reach 10.832 billion yuan, compared to 2009 growth of 119.08%.　　The A-share issue is beneficial to the company to further expand its capital operation platform and strengthen the synergy effect of vertical integration industry chain. Huatai Securities analysts believe that compared with the same industry than cement listed companies, BBMG shares is a regional leader and unique with a complete mine--cement--mixed--new building materials-real estate development-investment property vertical integration industry chain, is expected in the next 2-3 years the company will continue to grow faster. Companies closely follow the policy-oriented, make full use of the advantages of their own industrial land transformation, accelerate the development and construction of affordable housing, so that companies in the real estate regulation of the environment can still maintain a relatively stable growth. At the same time, with the Beijing-Tianjin-Hebei Region 2011 ~2012 Year is expected to show marginal cement supply negative growth, demand rigidity will enhance the regional cement market boom, the possible price upgrade will bring performance growth of the additional power.