Dongwu Cement International Limited engages in the production and sale of cement under the Dongwu brand in the People's Republic of China, primarily operating through its cement segment alongside trading and residual activities following recent divestitures. The company produces ordinary Portland cement strength class 42.5 (PO 42.5), composite Portland cement strength class 32.5 (PC 32.5), and clinker as a by-product using new suspension preheater (NSP) technology at its facility in Wujiang City, Suzhou Prefecture, Jiangsu Province; it also conducts international trade in commodities and provides ancillary services such as sewage and sludge treatment, science and technology investment, and investment management consultation. Incorporated in 2011 and headquartered in Suzhou, China, Dongwu Cement International Limited operates as a subsidiary of Goldview Development Limited and serves markets in the Yangtze River Delta region.
In September 2025, Suzhou state-owned capital through Port & Shipping Group (HK) Investment Co., Limited and Suzhou Fenyan Capital Management Co., Ltd. acquired a controlling stake from Goldview Development Limited, representing 37% of shares and marking the first such control by Yangtze River Delta state assets over a Hong Kong-listed entity, which catalyzes a strategic pivot from traditional cement toward green industries, smart warehousing, modern logistics, and the low-altitude economy in alignment with dual carbon policies. Concurrently in September 2025, the company entered a major transaction to dispose of its entire rare earth subsidiary, Orient Chengzheng Rare Earth Co., Limited—including production and sales of high-performance sintered NdFeB permanent magnet materials, permanent magnet motors, motor machines and parts, rare earth materials, metals, anode materials, oxides, electroplating, processing, and calcination services—for HK$10 million, aiming to streamline operations, enhance cash flow, and refocus on core cement profitability amid underperformance in magnetic materials. This hybrid-ownership structure under state-led governance enhances resource integration and positions the company as a Hong Kong-Suzhou collaboration platform for industrial upgrading and global expansion.