China National Building Material Group
Recent events
Recent events tied to this brand in public sources.
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2021
Tianshan Cement announces proposed acquisition of cement assets
Tianshan Cement announced a proposed purchase, through a share issuance and cash payment, of equity in four cement businesses from China National Building Material and 25 other counterparties. The proposed asset consideration was approximately RMB 98.142 billion.
2020
China National Building Material proposes cement-asset restructuring
China National Building Material proposed restructuring and integrating its cement business. Tianshan Cement proposed acquiring cement-business assets from China National Building Material, potentially through a share issuance or a combination of shares and cash; the target assets were still under consideration and had not been finalized.
2020
Baidu and China National Building Material Group sign strategic cooperation agreement
Baidu and China National Building Material Group signed a strategic cooperation agreement to work in areas including smart logistics, digital mines, smart factories, industrial autonomous driving, data-center infrastructure, and enterprise AI.
2019
China National Building Material subsidiaries agree to acquire waste-heat power assets
China National Building Material said that five of its indirect subsidiaries agreed with Sinoma Energy Conservation and the relevant asset-holding subsidiaries to transfer waste-heat power assets to the subsidiaries. The agreements also provide for termination of earlier investment contracts and cooperation agreements.