The directors of China Resources Cement Holdings Limited has announced that Goodsales Investments, the
Company’s wholly owned subsidiary, entered into an Acquisition Agreement with Zhong Tie Jian Chang, on 19 July 2004 for the acquisition of a 30% equity interest in Shenzhen Tiejian, an indirect non-wholly owned
subsidiary of the Company, at the consideration of RMB15.0 million (equivalent to approximately HK$14.2 million). Accordingly, the Group can better serve the market and enable the Group
to carry out its business and expansion strategy in Shenzhen.
