Profile: China Advanced Construction Materials Group Inc (CADC.OQ)
16 Nov 2018
China Advanced Construction Materials, Group, Inc., incorporated on February 15, 2007, is a holding company. The Company's primary business operations are conducted through its subsidiaries, Xin Ao Construction Materials, Inc. (BVI-ACM) and Beijing Ao Hang Construction Material Technology Co., Ltd. (China-ACMH), and its variable interest entities, Beijing XinAo Concrete Group (Xin Ao) and its subsidiaries. The Company engages in the production of construction materials for infrastructure, commercial and residential developments. The Company is primarily focused on engineering, producing, servicing, delivering and pumping a range of ready-mix concrete materials for construction projects. The Company produces a range of C10 to C100 concrete materials and specializes in an array of specialized ready-mixed concretes for each project's technical specifications. The Company specializes in ready-mixed concrete. Its ready-mixed concrete products consist of proportioned mixes it prepares and delivers in an unhardened plastic state for placement and shaping into designed forms at the worksite. The Company's products include ready-mixed concrete blends; controlled low-strength material (CLSM); concrete with customized fibers; soil cement, foundation concrete; compound admixture concrete; aggregate concrete; energy-saving phase change thermostat concrete, and C100 high performance concrete.
The Company produces ready-mixed concrete by combining the type of cement, other cementitious materials and gravel and crushed stone with water and, typically, one or more admixtures. These admixtures include such as chemicals, minerals and fibers for different applications. The Company's concrete sales business consists of the formulation, production and delivery of the Company's line of C10-C100 concrete mixtures primarily through its fixed plant, a ready mix concrete batching plant in Beijing. The ready-mixed concrete sales business engages principally in the formulation, preparation and delivery of ready-mixed concrete to the worksites of its customers. For this segment of its business, the Company procures raw materials, mix them according to its measured mixing formula, ship the final products in mounted transit mixers to the destination work site, and pump the mixture and set it into structural frame molds as per structural design parameters.
The Company competes with Beijing Construction Engineering Group, BBMG Group Co., LTD, Beijing Uni-Construction Group. and Jidong Concrete Group.
China Advanced Construction Materials Group Inc
9 North West Fourth Ring Road Yi
Mansion Suite 1708 Haidan Distri
BEIJING BEJ 100190