Qilian Mountains 482 million overweight wine steel Hongda sinoma Layout Northwest Market

In order to consolidate the Sinoma group's northwest Cement market position, Sinoma Group cooperated with Jiuquan Steel (Group) Co., Ltd. to gradually realize its strategic layout of the Northwest cement market. May 28, Sinoma Group, Gansu Qilian Cement Group Co., Ltd. and Wine Steel (group) Hongda Building Materials Limited Liability company signed an increase agreement, Qilian and its subsidiary Yongdeng Qilian Cement Co., Ltd. will be to the wine steel Hongda to increase its capital by monetary means more than 482 million yuan.　　Since then, Sinoma Group successfully through the Hexi corridor, Gansu and Xinjiang into a line, and gradually realize its strategic layout in the Northwest cement market.　　The general manager of Qilian Mountain, the chairman of Qilian Cement and Licheng, deputy general manager of Shishiang, signed the "Wine Steel (group) Hongda Building Materials Co., Ltd." as a representative of the two sides.　　It is reported that after the completion of the Yongdeng Qilian and the Qilian Mountains will hold Jiuquan Hongda 30% of the shares.　　Zhongming said after the signing ceremony that by the end of 2011, Sinoma Group's cement production capacity will reach billion tons, and the northwest and surrounding areas will account for about 70% of the total capacity. Wine Steel HTC currently has a Nissan 1000 tons and a Nissan 2000 tons of new dry cement production line, has now approved a Nissan 5000 tons production line, the completion of the replenishment will immediately start construction of the production line, planned to be completed by the end of 2011.　　After the line is put into operation, it will accelerate the achievement of the 30 million ton production capacity at the end of 2012. In February this year, the Gangu and Cheng County of the Qilian Mountains were built and put into production in two annual production lines of 1.2 million tons. Capacity of the company to break through 10 million tons, plus the company is the construction of Yongdeng three lines, Qinghai second line and Zhang County project, will be in the Qinghai two provinces to form the northwest four plant eight lines, Southeast five factory seven line and Lanzhou, Tianshui, LongDong, Longnan,　　Qinghai-Tibet Five cement sales areas, the initial business synergy development, market echoes, the strategic pattern of optimal allocation of resources. At present, Sinoma Group owns Tianshan shares, horse racing industry and three listed companies in the northwest of China, accounting for 40% in Xinjiang, 60% in Ningxia and about 40% in Gansu province. With the double encouragement of policy and market, Sinoma Group will continue its northwest BR territory expansion, with its own capital advantages and subsidiaries of the brand advantage based in Xinjiang, Ningxia and Gansu, into Qinghai, Tibet, the five provinces, the formation of the Northwest region from west to east from the outside can not be destroyed, internal energy breakthrough closed lineup, Vitalize radiation across the northern region to achieve the largest cement manufacturers in northern China's strategic vision.