Hainan RuiZe New Building Material Co., Ltd. is a China-based company principally engaged in the manufacturing and sale of commercial concrete, concrete products, and cement, including mixed commercial concrete and dry-process cement. The company also operates in related businesses such as the sale of building materials, transportation, garden construction, landscaping design and construction, water supply and drainage pipe installation, interior decoration, and municipal sanitation and engineering services. It primarily serves property development and infrastructure sectors across China. Founded in April 2002 and headquartered in Sanya, China, the company was formerly known as Three Ya Ruize Concrete Distribution Company Limited before changing its name to Hainan RuiZe New Building Material Co., Ltd. in August 2008. It is listed on the Shenzhen Stock Exchange (Ticker: 002596.SZ).
Recent major changes include the company's agreement to sell an 85% stake in its cement subsidiary Zhaoqing Jingang Cement to China Resources Cement, signaling a strategic divestment in its cement business. The company has also experienced significant stock price appreciation, with a rise in market value over the past year despite a reduction in revenue, reflecting positive market sentiment towards its business outlook. Hainan RuiZe has been recognized with multiple provincial awards for energy saving, emission reduction, tax compliance, and public welfare contributions, underscoring its compliance and corporate responsibility efforts.
The company operates primarily within the non-metallic mineral products industry and construction materials sector, focusing on commercial concrete production and municipal sanitation across domestic Chinese markets. It maintains a broad operational scope that includes landscaping and municipal construction services, targeting customers in the construction and infrastructure development sectors throughout China.
This comprehensive product and service portfolio combined with recent strategic operational adjustments defines Hainan RuiZe New Building Material Co., Ltd.'s current corporate and market positioning.