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The world's top 500 | China Building Materials Group won the top of the global building materials enterprises
Release date:
2020-08-13
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China National Building Materials Group
On August 10, 2020, the Fortune Global 500 list was released. China Building Materials Group entered the list for the 10th consecutive year with US $57.626 billion, ranking 187, 16 places ahead of the previous year, and continued to hold the top position in the global building materials industry. At the same time, France's Saint-Gobain Group ranked 244, Anhui Conch Group ranked 367, Ireland's CRH ranked 397, and Switzerland's Lafarge Haurui ranked 476.
On August 10, 2020, the Fortune Global 500 list was released. China Building Materials Group entered the list for the 10th consecutive year with US $57.626 billion, ranking 187, 16 places ahead of the previous year, and continued to hold the top position in the global building materials industry. At the same time, France's Saint-Gobain Group ranked 244, Anhui Conch Group ranked 367, Ireland's CRH ranked 397, and Switzerland's Lafarge Haurui ranked 476.
▼ Ranking Chart of China Building Materials Group over the Years
2019 is the 70th anniversary of the founding of New China, a key year for building a moderately prosperous society in an all-round way, and a crucial year for the reform, innovation, integration and optimization of China Building Materials Group. This year, under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the Group resolutely implemented the decisions and deployments of the Party Central Committee and the State-owned Assets Supervision and Administration Commission, and in accordance with the requirements of the "six stability" work, made every effort to do a good job in management, reform and innovation, integration and optimization, and strengthen party building. In various tasks, fruitful work results have been achieved, solid steps have been taken in achieving high-quality development, and excellent answers. In 2019, the Group achieved operating income of $398.1 billion billion, up 14.4 percent year-on-year, total profit of $23.5 billion billion, up 13.8 percent year-on-year, and total assets of $596.2 billion billion, up 2.6 percent year-on-year.
In the list of the world's top 500 announced this time, the number of Chinese companies reached 133, of which the number of mainland (including Hong Kong) companies reached 124, surpassing the United States (121) for the first time in history. Among these 133 Chinese companies, China National Building Materials Group is not only a leader in my country's building materials industry, but also the world's largest building materials manufacturer and integrated service provider, and the world's leading material developer. For more than 10 years, China Building Materials Group has bravely assumed the important task of leading the healthy development of the industry. Large-scale joint reorganization has promoted the concentration of my country's cement industry, advocated and practiced the concept of market competition and cooperation, adhered to staggered production, insisted on restricting new additions, and insisted on eliminating backwardness., Adhere to industry self-discipline, and hold up a big umbrella for symbiosis and win-win, and make outstanding contributions to promoting the supply-side structural reforms in my country's building materials industry.
In the first half of this year, China National Building Materials Group continued to maintain a good momentum of development, with total profits up 11% year-on-year, net profit up 11% year-on-year, and its half-year operating performance ranked among the top central enterprises. In the next step, China National Building Materials Group will continue to be down-to-earth and make persistent efforts to move towards a new era of high-quality development in an all-round way, and strive to build a world-class material industry investment group with global competitiveness.
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