Boasting the historical glory and industry mission of 118 years, Huaxin has reached another milestone: On December 15th, the Shanghai Exchange Stock and the Hong Kong Exchange Stock listed company held a Corporate Renaming and Global Brand Launch ceremony in Wuhan, announcing that the Company's name was officially changed from Huaxin Cement Co., Ltd. to Huaxin Building Materials Group Co., Ltd.

Huaxin CEO Mr. Li Yeqing stated in his speech at the launch ceremony that this was not just a name change, but a strategic leap. It signifies that the Company will accelerate the development of a Global Group + Multi-Brand synergy system, achieve an organic combination of global strategy and regional focus, so as to promote the Company's accelerated transformation from a Basic Building Materials Supplier to a Full - Scene Building Materials Solutions Provider for a win - win cooperation with global partners for a better future.

Founded in 1907, Huaxin Cement has primarily focused on the development of the cement business for over a century. From the Great Hall of the People to the People's Heroes Monument and other major buildings in Beijing, from the Wuhan Yangtze River Bridge and the Nanjing Yangtze River Bridge to the Qinghai-Tibet Railway and Beijing-Zhuhai Expressway, from the Gezhouba Dam and the Three Gorges Dam to the Baihetan and the Wudongde hydropower stations as well as the hydropower generation project in the Yarlung Zangbo River basin in Tibet, the reputation of century proven quality has taken deep root in the heart of the general public, enabling Huaxin Cement becomes a bright name card in the capital market and the cement industry.

Entering the 21st century, Huaxin people have adhered to innovation-driven mindset and embarked on a journey of leapfrog development. The business scope has broken through the single category of cement and expanded into multiple fields such as aggregates, ready-mixed concrete, waste management, new building materials, equipment manufacturing and engineering. The business covers nearly 20 provinces, cities and autonomous regions in China, and reaches out to build presence in 14 countries including Central Asia, Southeast Asia, Africa, South America, transforming the Company from a cement supplier to a full-chain building materials ecosystem service provider successfully.

As the business evolving continually, the name Huaxin Cement can no longer bear the business pattern and global brand tension of Huaxin. Therefore, the Company has assessed the situation and decided to change the company name to Huaxin Building Materials Group to promote the strategic leap.

Li Yeqing emphasized that the name change is not a farewell, but a sublimation. In the future, Huaxin Cement, as Huaxin's profound cornerstone brand, will continue to shine in the market. Product brands such as Huaxin Aggregates, Huaxin Concrete and etc. will all continue to inherit the glory. The name change will promote Huaxin to achieve three major leaps:

Firstly, the brand positioning will be clearer. Huaxin Building Materials Group intuitively demonstrates the full industry chain layout and helps to shape a unified and powerful global brand image.

Secondly, resource coordination will be more efficient. Leveraging the Group as a platform to connect global resources and achieve rapid exchange of technology and management results both in China and abroad.

Thirdly, the vision will be more profound. The renaming will promote the Company's vision of A Better World Starts With Us to cross national borders and highlight the global responsibility of Chinese enterprises.

The launch event was brief and innovative. The TV program A Century of Huaxin, A Global Huaxin and the corporate promotional video I Am Huaxin was released for the first time. Huaxin employees from different countries shared their perspectives on Huaxin and their expectations for the future through videos. All executive members presented together to unveil the new name and logo of Huaxin Building Materials Group. Employees, partners, and people from all walks of life around the globe watched the live stream through the Company's official media platforms.