- Business
- China Shanshui Cement Group Limited is an investment holding company principally engaged in the production and sale of cement, clinker, concrete, aggregates, and related building materials in the People's Republic of China. The Group manufactures Portland cement, ordinary cement, composite cement, slag cement, high sulfate resistant Portland cement, and commercial clinker under brands including Shanshui Dongyue, Shanshui Gongyuan, and Bohai; it also produces commercial concrete, aggregates, plastic weaving products, new-type wall materials, and provides cement machinery manufacturing, installation, maintenance, and technical support services. Shandong Shanshui Cement Group Company Limited, its principal operating subsidiary, maintains production facilities across six regions—Eastern Shandong, Western Shandong, Southern Shandong, Northeast China, Shanxi, and Xinjiang—spanning provinces including Shandong, Liaoning, Shanxi, Inner Mongolia, Shaanxi, Jilin, Hebei, Henan, Tianjin, and Xinjiang, with total cement capacity of 96.93 million tonnes and clinker capacity of 52.13 million tonnes as of December 31, 2024. Founded through the establishment of Shandong Shanshui in 2005 and listed on the Hong Kong Stock Exchange in 2008 (ticker: 0691.HK), the Group is headquartered in Jinan, Shandong Province.
In recent developments, the Group renewed its 2025 Framework Agreements for continuing connected transactions with China National Building Materials Group (CNBMG) and its subsidiaries, covering the supply of cement, clinker, aggregates, and related products alongside procurement of raw materials and services. It held its Annual General Meeting in May 2025, approving proposals including mine development plans, while reporting consolidated revenue of RMB14.51 billion for 2024 amid a challenging market with cement demand declining 9.5% year-on-year. Board changes during 2024 included the appointment of Mr. Teng Yongjun as Chairman in August, alongside adjustments to executive directors and committee memberships; the Group continues to implement a "cement +" diversification strategy, expanding into aggregates, manufactured sand, commercial concrete, prefabricated components, and cement equipment across its 114 subsidiaries.