On Feb 23, Tangshan Jidong Cement Concrete Investment & Development Co., Ltd. signed cooperation agreement with Fuxin Xianghe Commercial Concrete Co., Ltd. in Fuxin Gesthouse in Liaoning. Deputy Mayor Li Mingshan of Fuxin Municipal Government, Vice Chairman Huang Liqun of Fuxin city People s Political Consultative Conference, Deputy Secretary-general of Municipal Government and Director of Development and Reform Commission Li Dexin; General Manager Wang Xiaohua of Jidong Development Group, Deputy General Manager of Jidong Cement and General Manager of Concrete Investment & Development Company Li Zhanjun; President Jia Honglai and Manager Xie Libin of Fuxin Xianghe Commercial Concrete participated into the ceremony.
Mr. Li Zhanjun gave a brief introduction to Jidong Development Group and the development situation of the commercial concrete. He emphasized the important position of commercial concrete business in the Group. Fuxin Project was the first step that Jidong Development Group and Fuxin City began to cooperate in Fuxin market. Next Jidong Group would push a reasonable strategy in the market according to interrelated industrial policy and improve the development of commercial concrete. The project would bring large economic and social benefit to Fuxin City.
Fuxin Xianghe Commercial Concrete Co., Ltd. was founded on July 9, 2004. It has registered capital 20 million RMB and fixed assets of 55 million RMB. The designed annual capacity of the two mixing plants is 0.7 million cubic meters. Fuxin Xianghe project is the third one after Shenyang Aohuaxing and Ruifeng projects of Jidong Concrete Investment & Development Company. The estimated invested capital is 300-500 million RMB and the capacity is 2.5 million cubic meters. The project will realize annual product value of 186 million RMB.