The World Leading Gypsum Board Industrial Group
Beijing New Building Materials Public Limited Company (北新集团建材股份有限公司), also known as Beijing New Building Materials Group, is a subsidiary of China National Building Material Group Corporation. Established in 1979 and listed on the Shenzhen Stock Exchange in 1997 (000786.SZ), the company is renowned for its innovative and sustainable construction materials.Detailed Introduction
1. Overview: Beijing New Building Materials Group (北新集团建材股份有限公司) is the green building new materials industry platform of China National Building Material Group Corporation. It was founded in 1979 under the care of comrade Deng Xiaoping and listed on the Shenzhen Stock Exchange in 1997. The company specializes in gypsum board, waterproofing materials, and coatings.2. Business Sectors: a. Gypsum Board: Being a world-leading manufacturer of gypsum board, Beijing New Building Materials Group provides high-quality gypsum board products for various applications in construction projects. Their "Longpai" gypsum board system is widely used in national key projects such as the Great Hall of the People, Olympic Games venues, World Expo, and Tiananmen Gate Tower. The company has won 90% of the National Construction Engineering Awards. b. Metal Framework (龙骨): In addition to gypsum board, Beijing New Building Materials Group also produces metal framework products, commonly known as "龙骨" (longgu) in China. These metal frames form the structural support for gypsum board installations. The company's metal framework products are known for their durability and precision, ensuring the stability of gypsum board walls and ceilings. c. Waterproofing Materials: As part of their diverse product portfolio, Beijing New Building Materials Group offers a range of waterproofing materials that are essential for protecting buildings from water seepage and moisture damage. These materials, including waterproof membranes, coatings, and sealants, meet stringent quality standards and contribute to the overall durability and longevity of construction projects.3. Company's Contribution:Beijing New Building Materials Group plays a significant role in supporting China's major construction projects. Its high-quality construction materials have been widely applied in iconic national projects, including the Great Hall of the People, Olympic Games venues, World Expo, and Tiananmen Gate Tower. The reliability and performance of their products have earned them a strong reputation in the industry.
4. Financial Performance:The released annual report of Beijing New Building Materials Group on March 22nd showcased the company's financial achievements. As a leading player in the construction materials industry, the company has experienced steady growth and maintained its position as a key contributor to China's economic development.
The company's performance indicators, including revenue, net profit, and market share, demonstrate its success in both domestic and international markets. With continuous investment in research and development, Beijing New Building Materials Group aims to further improve its offerings and expand its market presence.
In conclusion, Beijing New Building Materials Group (北新集团建材股份有限公司) and Beijing New Building Materials Public Limited Company (北新建材集团) are indeed the same entity. The company's extensive range of products, including gypsum board, metal framework, and waterproofing materials, has established them as a world-leading industrial group in the construction materials sector. Through their contributions to major construction projects, Beijing New Building Materials Group has solidified its position as a trusted and reliable partner in the industry.