China National Materials Group Corporation

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China National Materials Group Corporation
中国材料工业科工集团公司
Type State-owned enterprise
Founded 1983
Headquarters Flag of the People's Republic of China Beijing, China
Area served People's Republic of China
Key people Chairman: Mr. Tan Zhongming
Industry Cement equipment and engineering
Employees ~36,400
Website Sinoma Official Website

China National Materials Group Corporation or Sinoma, established in 1983, is a central government-administered enterprise directly under the administration of State-owed Assets Supervision and Administration Commission of the State Council of the People's Republic of China. It is the world's largest cement equipment and engineering service provider and China's non-metal materials leading manufacturer. It is also the only enterprise that possesses a series of core technologies and complete innovation system in non-metal materials industry in China.[1]

The group's subsidiaries listed as A shares in the Shanghai Stock Exchange and the Shenzhen Stock Exchange are Sinoma International Engineering Company Limited (SSE: 600970), Xinjiang Tianshan Cement Company Limited SZSE: 000877, Ningxia Saima Industry Company Limited (SSE: 600449) and Xinjiang Guotong Pipeline Company Limited SZSE: 002205.[2]

Another of the group's subsidiaries, China National Materials Company (SEHK: 1893), was listed as H shares in the Hong Kong Stock Exchange in 20 December, 2007 while the IPO price was HK$4.5 per share. It attracted six investors including China Construction Bank, China Life Insurance, China Communications Construction, Citigroup, Government of Singapore Investment Corporation (GIC) and Leslie Lee Alexander, boss of the Houston Rockets basketball team.[3]

[edit] Hyperlinks

[edit] Reference

  1. ^ Sinoma - About us
  2. ^ Sinoma subsidaries
  3. ^ Sinoma IPO
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