China Tianrui Group Cement Company Limited is a leading clinker and cement producer in China in terms of production capacity and production volume as of December 31, 2012. We are primarily involved in the production, sale and distribution of clinker and cement.
Our production scale has grown significantly over the years thanks to governmental support and favorable industry policies. Our annual clinker and cement production capacities reached 27.1and 42.8 million tonnes at December 31, 2012, respectively.We are the tenth largest cement producer in terms of production volume and the eleventh largest clinker producer in terms of production capacity in China as of December 31,2012.
Our strong market position is further enhanced by our “天瑞TIANRUI” brand name. It is renowned for quality and recognized as a “Chinese Famous Trademark”, helping us to win tenders and be a primary cement provider for many high-profile projects, like the South-North Water Transfer Project, Ha’erbin-Dalian Express Railway and Shijiazhuang-Wuhan Express Railway.
We currently operate 18 production facilities that service approximately 17 cities and counties in Henan, Liaoning and Anhui provinces. Our cement grinding facilities are near end-markets, giving us broad market coverage with relatively lower logistics and transportation costs. Our clinker production lines are near our 33 limestone quarries, giving us an uninterrupted supply of high-quality limestone for cement production.
We enjoy significant cost advantages from our production, marketing and management models. Our residual heat recovery systems, for example, saved us approximately 82% in electricity costs in 2010. Meanwhile, our efficient operational management continuously maintains our production utilization rate at a high level.