Industry Building Materials Parent BBMG Group Founded 1996 | Area served China Headquarters China Type Public company | |
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Traded as SSE: 601992 (A share)
SEHK: 2009 (H share) Key people Chairman: Mr. Jiang Weiping Owner Beijing City Government (44.93%) Stock price 601992 (SHA) CN¥ 4.75 -0.14 (-2.86%)27 Feb, 2:07 PM GMT+8 - Disclaimer | ||
BBMG Corporation Ltd. is a cement producer and property developer headquartered in Beijing, China. It is the largest supplier of building materials in Beijing, Tianjin and Hebei province.
BBMG Corporation Ltd. is a state-controlled enterprise, with the majority shareholder being BBMG Group with a 45% stake (as of end 2010). BBMG Group Company Ltd is a wholly state-owned enterprise administrated by the State-owned Assets Supervision and Administration Commission of the Beijing Municipal Government.
It was listed on the Hong Kong Stock Exchange in 2009 with the IPO price of HK$6.38 per share. It mainly attracted five cornerstone investors: China Investment Corporation, China Life Insurance, Bank of China Investment Group, Och-Ziff hedge fund and Robert Kuok of the Kerry Group.