JIDONG CEMENT TO CREATE CEMENT ARM IN HUNAN

AsiaInfo Services, January, 2008

AsiaInfo Services 01-17-2008 Jidong Cement to Create Cement Arm in Hunan SHENZHEN, Jan 17, 2008 (SinoCast via COMTEX) -- Tangshan Jidong Cement Co., Ltd. (SZSE: 000401) says on January 16, 2008 that it plans to create a cement subsidiary in Hunan Province, Southern China with a total investment of CNY 1.4 billion. Based in Linli County, northwest of Hunan Province, the new company will construct two production lines that are capable of producing 4,500 tons of new dry process cement a day, and a waste heat power generating project, respectively.

Registered CNY 240 million in capital, it is set to build a production line and the waste heat power-generating project in the first phase with CNY 700 million. Jidong Cement said on January 3 that China National Materials...

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