At 10:00 am of June 3 2008, Anhui Conch Cement Company Limited and Bank of China Company Limited grandly held the signing ceremony in Beijing for "Together Support Wenchuan Earthquake Disaster Area and Reconstruction after Disaster Finance Cooperation Agreement".

According to the cooperation agreement, Bank of China would enlarge Conch Cement credit line on the basis of 23 billions credit line, increase all kinds of 5 billion credit line, specially support Conch Cement participating the reconstruction project after earthquake, shorten Conch Cement project preliminary time, speed up the project implementation schedule and fully guarantee capital supply and temporary credit, then speed up the disaster area reconstruction , support the related enterprise to resume the production as soon as possible.

This earthquake seriously damaged houses, infrastructure etc. Moreover, cement is one of the most important basic materials in reconstruction, as the biggest cement building materials enterprise, Conch Cement will continue to play the active role on the reconstruction after earthquake disaster. Therefore, Conch Cement decided to speed up and enlarge industrial investment in the western disaster area, planed to build 11 new dry process cement clinker production line one time, total investment nearly 10 billion Yuan, expected to form 20 millions ton supply abilities as soon as possible, supplied the high grade, the good quality cement for the reconstruction happy homeland after disaster area, fulfilled enterprise's social responsibility and mission. In addition, Conch Cement is also seeking more investment opportunity for contribution to the disaster area reconstruction.

Signed finance cooperative agreement