China Resources Cement

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China Resources Cement Holdings Limited
华潤水泥控股有限公司
State-owned enterprise (Red chip)
Industry Building materials
Founded 2003
Headquarters Hong Kong, People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Miss Zhou Junqing[1]
Products Cement and concrete
Parent China Resources
Website China Resources Cement Limited

China Resources Cement Holdings Limited (CRC) (SEHK1313), parented by China Resources, is a leading cement and concrete producer in Southern China. It is the largest NSP clinker and cement producer in Southern China by production capacity and the second largest concrete producer in China by sales volume.[2][3] It was established in 2003 and incorporated in Cayman Islands.

Listing[edit]

China Resources Cement has been listed twice. It was firstly listed on the Hong Kong Stock Exchange in 2003 with its IPO price of HK$2.32 per share. In 2006, it was privatized by its largest shareholder, China Resources (Holdings), with the acquired price of HK$2.45 per share.[4] In 2009, CRC was relisted with its IPO price of HK$3.9 per share.[5] However, its share price is still below its offer price after listing.[6]

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