Is Beixin Building Materials a State-owned Enterprise or a Central Enterprise?

State-owned enterprises Beixin Building Materials is a state-owned enterprise. Beixin Building Materials, namely Beixin Group Building Materials Co., Ltd., is a subsidiary of China Building Materials Co., Ltd. (a state-owned enterprise).

Beixin Group Building Materials Co., Ltd. was established on May 30th, 1997. The controlling shareholder is China Building Materials Co., Ltd., and the actual controller is China Building Materials Group Co., Ltd., headquartered in Changping District, Beijing. Beixin Group Building Materials Co., Ltd. is a joint-stock company established exclusively by Beixin Building Materials Group Co., Ltd., a wholly state-owned company.

Beixin Group Building Materials Co., Ltd. was listed on the Shenzhen Stock Exchange on June 6th, 1997, with Southern Securities Co., Ltd. as the lead underwriter and Southern Securities Co., Ltd. as the listing sponsor, with stock code 00786.

Beixin Group Building Materials Co., Ltd. has successively won the honors of "Advanced Collective of Central Enterprises", "20 15 Beijing Top Brand 100" and "20 12 China Building Materials Independent Innovation Most Growing Enterprise".

Beixin Building Materials is a national Beixin Material Park approved by Beijing Zhongguancun Science Park, the first batch of national residential industrialization bases approved by the Ministry of Construction, and a national innovative enterprise jointly approved by the Ministry of Science and Technology. It is the annual company of the global gypsum industry selected by the Global Gypsum Association and awarded the Outstanding Contribution Award to the global gypsum industry.

Since Beixin Building Materials 10, the annual operating performance index has maintained a steady growth of about 30%. In the last five years, the net profit and EVA (Economic Value Added) attributed to the parent company have increased by about 30% every year, and more than 30% of the distributable profits will be distributed in cash every year. The strategic goal of Beixin Building Materials is to develop into a multinational company with independent brands, independent intellectual property rights, the world's number one core business and world level.

Beixin Building Materials is a leader in the large-scale production and application of new energy-saving and environment-friendly building materials in China. It insists on promoting the healthy development and upgrading of the industry, takes "building a green future" as the industrial concept, and realizes six elements of green building: safety (fire prevention, earthquake resistance and disaster reduction), energy saving (low energy consumption in material production and building operation), environmental protection (non-toxic, harmless and pollution-free), low carbon (less carbon emission) and comfort (low carbon emission).