Integration of three Lions company China building materials 750 million share

Every reporter Cao Yuanyuan from Shanghai "Daily economic news" reporter learned that a few days ago, China Building Materials Co., Ltd. (03323,HK, hereinafter referred to as China Building materials) under the South Cement will be the parent company China Building Materials Group Co., Ltd.　　(hereinafter referred to as Building materials group) affiliated with the Three Lions group held by the company's 10 companies in a number of equity receipts, the entire acquisition price of 750 million yuan.　　The company said that this will benefit China's building materials under the South Cement to open up South East business, improve market position. Industry insiders said the acquisition will expand the assets of listed companies, so that the transparency of asset management, conducive to asset appreciation.　　And now the cement industry has bottomed out, the industry also has a lot of development space. The road of internal integration June 26, the announcement of Chinese building materials disclosed, the acquisition is comprised of three lions and 45% of the equity, Shaoxing Three Lions 38% of the equity, Jiande 40% of the equity, Tonglu Three Lions 49% of the equity, Three Lions Jiaxing 46% of the equity, and proposed the acquisition of Three Lions Changxing 38% of the equity, Three Lions cement 67.46　　% of the equity, Three Lions 6.75% of the equity, the Three Lions small Pu 51% of the equity and the Fuyang of the Three Lions 44.8% of the equity. The above shares in the not transferred before, are the three Lions in Zhejiang Holdings, in the Three Lions to become building materials group companies, nature by the building materials group master.　　But to become a southern cement assets, it is necessary to transfer from the building materials group to the hands of listed companies, the group eventually chose to buy assets to inject it into the listed companies. "This is actually the way Chinese building materials have been going." "Huatai Securities building materials researcher Zhu Qin said," China's building materials two years ago is mainly mergers and acquisitions, this year is mainly to do internal integration. This time, injecting assets into listed companies is a well-established policy of the company. "This will continue to expand the assets of southern cement," the Galaxy Securities said in a loud voice. And the management of listed companies more standardized, more transparent, which is conducive to the preservation and appreciation of assets. "China building materials for the acquisition, said:" The acquisition will enable the group to further develop and expand its cement business in South East. The proposed equity acquisition and the company's long-term development of the same, conducive to play the group of cement companies synergy, and will increase the company's cement and clinker production capacity, improve its southeast region cement market competitiveness. ”