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South Cement Sets a Model of Joint Restructuring for Cement Industry

On September 26th, CNBM South Cement held a seminar on development strategies. During the meeting, achievements made since the company’s birth three years ago have been reviewed so that a blueprint of its future can be drawn, which has actually provided practicable experience and constructive idea of development for China's cement industry. Over the past three years, CNBM South Cement has registered a CAGR of 20%, and it is expected that the company’s capacity will exceed 100 million tons by the end of 2010, with the total assets over RMB 40 billion and sales revenue exceeding RMB 25 billion. 


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