BBMG shares took the lead in the new Year's cement industry reorganization Prologue

Taihang Cement (600553) The company has suspended its shares from today and will accept the CSRC's review of the BBMG share swap merger and consolidation of the cement market on Friday, the statement said.　　The BBMG shares are intended to issue a shares of the total used to absorb the merger of cement to achieve the integration of its cement assets, do not raise funds. BBMG is one of the largest building materials production enterprises in China, and it is the largest building material manufacturer in the Bohai Rim area of China. July 29, 2009, BBMG shares are traded on the main board of the Hong Kong stock Exchange. BBMG shares this return to a A-share is the Golden Corner group to fulfill its commitments, the cement assets of its full integration of a strong move to establish a unified cement plate strategic planning and management system. BBMG shares return a-share will further enhance the brand influence, at the same time, through the business sector of the cooperative operation and high-speed growth, to bring long-term returns to shareholders.　　Taihang Cement, BBMG shareholders general meeting by 97% and 99% in favour of the exchange of shares through the merger plan, fully demonstrated the shareholders of the two sides of the transaction program highly recognized. Compared to the Taihang cement, BBMG shares cement assets regardless of scale, quality and profitability are far higher than the former, the return of the shares will bring investors a better and long-term return: first, the company's main cement assets concentrated in the Beijing-Tianjin-Hebei region, the region has great potential for development, relatively strong demand; Companies in the Beijing-Tianjin-Hebei region to integrate the strength of cement industry assets, rapid expansion of production capacity, has accounted for the regional market new dry cement total production capacity of nearly 30%, BBMG shares and Taihang Cement in Beijing, the high grade cement market will account for 80%; third, the company in cement kiln treatment sludge and municipal garbage in the industry leading position, The potential of the future is huge; four, the company management level is outstanding, the cost control ability is strong. BBMG shares of the absorption of the merger of Taihang Cement landing A shares, will further strengthen the cement industry in the integration of the ability and leadership status, a A-share cement plate of blue-chip companies.