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Hongshi Cement

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Corporate brand

Unclaimed

A Chinese cement manufacturer operating plants in China and selected markets in Southeast Asia and South Asia. Red Lion Cement is identified in the request as a cement brand; the supplied evidence does not verify its identity or company details.

Last updated November 4, 2026

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Overview

Hongshi Cement, also known as Red Lion Cement, is a Chinese cement manufacturing business associated with Hongshi Holding Group. Its core activity is the production of cement and related cementitious materials for construction markets. The company is based in Zhejiang, China, and has developed an international manufacturing footprint in addition to its domestic operations. The company’s principal business is organized around cement production, with clinker and concrete forming related parts of its product scope. Cement is a basic construction material used in buildings, infrastructure, industrial facilities, roads, and other civil-engineering projects. Clinker, the intermediate material produced in cement kilns, is used to manufacture finished cement, while concrete operations extend the business further into construction-material supply. Hongshi’s manufacturing presence includes China as well as plants in Laos, Nepal, and Indonesia. This geographic expansion places the company in markets where infrastructure construction, urban development, and demand for locally produced building materials have supported the development of cement capacity. Its international operations also distinguish it from a purely domestic regional producer. A notable ownership transaction took place in 2007, when Goldman Sachs acquired a 25% stake in the company for RMB 600 million under a deal signed that year. The transaction brought a global financial institution into the ownership structure and represented an important capital event in Hongshi Cement’s corporate development. The available reference material does not establish whether that stake remains unchanged. Hongshi Cement is described as a major Chinese cement producer, but the available sources do not provide a sufficiently detailed current account of its production capacity, revenue, employee count, management team, individual plant locations, or present ownership structure. It is therefore best characterized as an active private cement manufacturer with a China-centered business and overseas plants in Laos, Nepal, and Indonesia. The request identifies Red Lion Cement (红狮水泥) as the subject and supplies https://redlion.cn as its website. However, the accompanying evidence concerns HMS Networks and its acquisition of Red Lion Controls, an industrial communications business. It does not establish a relationship between that company and Red Lion Cement, nor does it verify the cement brand’s owner, history, products, location, or markets. Those details are therefore left unasserted pending relevant evidence.

History

Hongshi Cement is a Chinese cement manufacturer associated with Hongshi Holding Group and headquartered in Zhejiang. The business was established in 1994 and developed around the production of cement and related construction materials. Its activities include cement manufacturing, clinker production, and concrete-related operations. The company’s development took place within China’s large and infrastructure-intensive construction economy. Cement producers serve as essential suppliers to residential and commercial construction, transport infrastructure, industrial projects, and public works. Hongshi’s core manufacturing model therefore centers on kiln-based clinker production and the subsequent grinding and distribution of cement products, complemented by related materials such as concrete. Hongshi later expanded beyond China. The company is identified as operating cement plants in Laos, Nepal, and Indonesia, giving it a cross-border production network in addition to its Chinese operations. These markets are located in regions where infrastructure development and urbanization have generated demand for locally available cement. International plants can also reduce the need to transport heavy, low-value construction materials over long distances and allow producers to serve neighboring markets from local bases. A significant corporate event occurred in 2007, when Goldman Sachs acquired a 25% interest in Hongshi Cement. The deal was signed for RMB 600 million. The investment connected the private Chinese manufacturer with a major international financial institution and marked a notable change in its capital structure. The available reference does not specify the subsequent disposition of the stake, nor does it provide enough information to identify all later shareholders. Hongshi Cement is also known by the English rendering “Red Lion Cement.” Its public profile is principally connected with cement manufacturing rather than with a broad consumer-facing product brand. The available material confirms its country of origin, principal industry, overseas plant locations, and the 2007 Goldman Sachs investment, but does not provide a complete chronology of plant openings, production-capacity additions, acquisitions, executive appointments, environmental actions, or product launches. Accordingly, the company’s documented history is clearest at the level of its establishment, international expansion, and major ownership transaction. Red Lion Cement (红狮水泥) is a Chinese cement brand. The available evidence does not contain a dedicated corporate history for the brand; the supplied sources concern HMS Networks and its 2024 acquisition of Red Lion Controls, a separate industrial networking company, and do not document Red Lion Cement's founding, ownership, or operations. As a result, no verified history of Red Lion Cement can be written from the evidence provided. The brand is associated with the cement and concrete sector in China, but further details such as founding year, headquarters, parent company, and production footprint are not supported by the supplied material and should be verified against the official website or other primary sources before being added.

  • 2007

    Goldman Sachs acquired a minority stake

    [1]

    Goldman Sachs acquired a 25% stake in Hongshi Cement for RMB 600 million under a deal signed in 2007.

  • 1994

    Business established

    [1]

    Hongshi Cement was established in China, with its headquarters in Zhejiang.

  • International plant network developed

    [1]

    Hongshi Cement operates cement plants in China, Laos, Nepal, and Indonesia. The available reference does not establish the opening years of the individual overseas plants.

Products and positioning

A large China-based cement and construction-materials producer with an expanding international plant network. A building materials supplier focused on quality and reliable supply.

  • Construction materials

    Cement

    Cement is Hongshi Cement’s principal product category. It is supplied for general construction and infrastructure applications, including buildings, roads, industrial facilities, and civil-engineering works. The available sources do not identify specific product grades, technical standards, packaging formats, or named retail brands.

  • Cement intermediate materials

    Clinker

    Clinker is the kiln-produced intermediate used in the manufacture of finished cement. It can be ground and blended into cement products or supplied within integrated cement-production networks. Hongshi Cement is described as having clinker within its business scope, although detailed specifications and plant-level output are not available in the supplied sources.

  • Construction materials

    Concrete

    Concrete is a related construction-material offering associated with Hongshi Cement’s broader business scope. It extends the company’s role from cement manufacture toward the supply of materials used directly in construction projects. The available references do not specify the geographic coverage, mix designs, or operating entities for this activity.

Controversies

  • 2020

    Multiple Subsidiaries Fined for Environmental Violations and Illegal New Capacity

    Multiple Hongshi Cement subsidiaries were punished: Ningyuan Hongshi was fined RMB 422,400 by the Yongzhou Municipal Ecology and Environment Bureau for putting into operation before acceptance and constructing before approval; subsidiaries in Tonglu, Zhangping and Lanzhou were fined respectively for abnormal monitoring equipment, mine drainage hazards and cross-boundary mining. Longli Hongshi's actual capacity exceeded the approval (from 4000 t/d to 8000 t/d) and it was ordered to rectify. In 2020, an inspection worker at Nanning Hongshi died in a fall from height. The relevant subsidiaries were fined and rectified.

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Brand decisions

  • 2007

    Accepted Goldman Sachs minority investmentM&A

    Background

    Hongshi Cement entered a significant capital transaction as it developed its cement business and international footprint.

    Action taken

    Goldman Sachs acquired a 25% stake in the company in a deal signed in 2007 for RMB 600 million.

    Aftermath

    The transaction introduced Goldman Sachs as a substantial minority investor. The available sources do not document the later status of the stake or specific operational effects.

    Transaction value. RMB 600 million (2007)

Sources12 sources

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