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CNBM Again Obtains the Title of “Honored Companies” in the Asia-Pacific Region and Cao Jianglin Continues to Be the “Best CEOs” for Five Consecutive Years

2016-08-10

Recently, the annual ranking selection of “The Management Team of Companies in the Asia-Pacific Region” was published in Institutional Investor, the famous American financial magazine, which selects 116 “Honored Companies” from 1,541 candidate companies. China National Building Materials Company Limited (CNBM 3323.HK) has obtained this reputation for four consecutive years with a ranking moving from 30 th last year to 22th. Cao Jianglin, president of China National Building Materials Company Limited (CNBM 3323.HK) has been awarded the “Best CEOs” for five consecutive years and has maintained the top place of the “Best CEOs” in the basic material industry in the Asia-Pacific region for four consecutive years. Wang Leilei, staff member of secretarial office of the Board of Directors was selected as the “Best IR Professionals” in the basic material industry in the Asia-Pacific region.

The major contents for assessment in the selection of “Honored Companies” of Institutional Investor include the company’s strategic planning, business practice, competitive advantage, operational performance, shareholder returns, the relationship of investors and others. In 2015, due to the impact of the increasing pressure of downward economy in new normal and other factors, the need of cement industry decreased, the overcapacity was severe, the price substantially decreased, almost half of enterprises in the industry had losses and it was the first time for the cement need to experience the negative growth within 25 years. CNBM withstands the unprecedented operational pressure, actively copes with different challenges, completely promotes production and operation, deeply manages and integrates, accelerates the transformation and upgrading and realizes the sustained and stable development of the company with the victory in the market and the higher level than the general level of basic material industry. While it tackles tough issues, with the goal of healthy development of the industry, CNBM adheres to the operation concept of “cost-price-profit” and market competition and cooperation and gives out strength in the supply side to promote the staggering production and the limited production by closing down furnaces, alleviate the contradiction between supply and demand, promote the rational recovery of cement value and drive the industry to make more outstanding performance than other basic raw material industries including steel & iron and coal.

The standards of selecting the “Best CEOs” in Institutional Investor include strategic vision, professional competence, professional quality and professional dedication and other aspects and focus on whether to be good at winning the long-term confidence of investors in the company. Since he held the post of CEO of CNBM, with the code of ethics of being loyal and diligent, Cao Jianglin combines with his own experience of working in China and overseas for many years, explores a development path of conforming with both the international operation philosophy and operation mode and the practical situation of Chinese enterprises, makes outstanding achievement in capital operation, integrated reorganization and other aspects, leads the company to realize the leapfrog development and devotes himself to the promotion of healthy industry, which wins the wide praise of international investors.

       Established in 1967 with the headquarters in New York of America, Institutional Investor, one of the most influential financial magazines in the global investment institutions and the indispensable source of news and analysis for institutional investors in the capital market, mainly provides elites in American Wall Street and financial institutions in the world with different kinds of industry research reports and news analysis and has been maintaining the position of world’s first class financial journal consistently. With a series of unique researches and ranking, the evaluation system of the magazine becomes the authoritative and leading professional rating standard in the capital market because of the strict standards of selection and numerous global institutional investors to grade. This selection is made by the voting of 1,394 investment experts from 582 financial institutions and the Asia-Pacific Stock managed by interviewees investigated by buyers has a total amount of US $600 billion. 


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