Overview:

"SINOMA is a leading cement engineering enterprise in the world. The three largest cement design institutes in China are subjected to the company, so the company has strong technical strength in design. Through acquisitions, the company has improved its equipment manufacturing capabilities significantly. It can produce 5000-10000TPD New Dry Process Cement Production Line Equipment. Also, SINOMA is the only one that has a complete cement engineering industrial chain in the world.

Since SINOMA entered the global market in 2002, the contracted sum of SINOMA has grown rapidly. By 2008, it had acquired 34% market shares of the global market (except China), ranking first in the world. In 2009, the newly contracted sum approximated RMB20 billion and the orders on hand valued at about RMB55 billion, so the future development of the company is promising.

From January to September of 2009, SINOMA achieved the revenue of RMB11.205 billion, with an increase of 16.24% from the same period of last year; the shareholders of the listed company got the net profit of RMB511 million, up 122.17%; in Q3, the company achieved the operating income of RMB3.935 billion, up 26.77% from the same period of last year; and the net profit attributable to the shareholders of the listed company reached RMB194 million, up 133.73%.

It is expected that the company’s development will rely mainly on the achieved orders and the recovery of the international market in the next 2-3 years. From August to October of 2009, the company obtained more and more orders. The new contracts between the company and Dangote (Nigeria) for three production lines indicated the rebounding of the international market. Africa, Brazil and Russia will be the future hot markets. The company's long-term development lies in the extension of industrial chains. More and more equipment will be made locally. Mining, electric power, chemical equipment and engineering will be the focuses. Once the breakthrough arises, new growth source will come into being.

SINOMA is a leading cement engineering enterprise in the world. The three largest cement design institutes in China are subjected to the company, so the company has strong technical strength in design. Through acquisitions, the company has improved its equipment manufacturing capabilities significantly. It can produce 5000-10000TPD New Dry Process Cement Production Line Equipment. Also, SINOMA is the only one that has a complete cement engineering industrial chain in the world.

Since SINOMA entered the global market in 2002, the contracted sum of SINOMA has grown rapidly. By 2008, it had acquired 34% market shares of the global market (except China), ranking first in the world. In 2009, the newly contracted sum approximated RMB20 billion and the orders on hand valued at about RMB55 billion, so the future development of the company is promising.

From January to September of 2009, SINOMA achieved the revenue of RMB11.205 billion, with an increase of 16.24% from the same period of last year; the shareholders of the listed company got the net profit of RMB511 million, up 122.17%; in Q3, the company achieved the operating income of RMB3.935 billion, up 26.77% from the same period of last year; and the net profit attributable to the shareholders of the listed company reached RMB194 million, up 133.73%.

It is expected that the company’s development will rely mainly on the achieved orders and the recovery of the international market in the next 2-3 years. From August to October of 2009, the company obtained more and more orders. The new contracts between the company and Dangote (Nigeria) for three production lines indicated the rebounding of the international market. Africa, Brazil and Russia will be the future hot markets. The company's long-term development lies in the extension of industrial chains. More and more equipment will be made locally. Mining, electric power, chemical equipment and engineering will be the focuses. Once the breakthrough arises, new growth source will come into being.

Table of Content

1 Company Profile

2 Development
2.1 Cement Industry
2.2 Company Development
2.2.1 Business Achievements in the Past Years
2.2.2 Business Achievements in 2007
2.2.3 Business Achievements in 2008
2.2.4 Business Achievements in 2009
2.3 Risks

3 Future Market Forecast
3.1 Domestic Market
3.2 Foreign Market

4 Major Engineering Achievements
4.1 Engineering Achievements in 2007
4.2 Engineering Achievements in 2008
4.3 Engineering Achievements in 2009

Selected Charts

Relationship between SINOMA and Actual Controllers
Top 10 Shareholders of SINOMA, by Sep 2009
Cement Output, 2000-Jul 2009
Cement Fixed Assets Investment , 2001-Nov 2009
Year-on-year Growth Rate of Total Cement Investment, Jan-Aug 2009
Cement Demand Growth Rate, 2008-Jul 2009
Business Revenue of Cement Industry, Mar 2004-Jun 2009
Total Profit of Cement Industry, Mar 2004-Jun 2009
Period Expenses of Cement Industry, Mar 2004-Jun 2009
Business Revenue of SINOMA, 2003–Sep 2009
Main Business Revenue Distribution of SINOMA, 2005-H1 2009
Total Profit of SINOMA, 2003–Sep 2009
Net Profit of SINOMA, 2003–Sep 2009
Net Profit Growth Rate of SINOMA, 2004-2008
Main Business Revenue of SINOMA by Industry, 2007
Main Business Revenue of SINOMA by Industry, 2008
Main Business Revenue of SINOMA by Industry, H1 2009
Fixed Asset Investment Growth Rate and Cement Output Growth Rate in Infrastructure Industry
New Fixed Asset Investment Projects and Cement Output Growth Rate
Fixed Asset Investment Growth Rate and Cement Output Growth Rate
Engineering Achievements of SINOMA, 2007
Engineering Achievements of SINOMA, 2008
Engineering Achievements of SINOMA, 2009