Hongshi Cement

Chinese cement manufacturer

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Hongshi Cement

Industry| Cement
Headquarters| Lanxi, Zhejiang
Products| Cement
Parent| Hongshi Holdings
Website| https://www.hongshigroup.com

Hongshi Cement (also called Red Lion Cement) is a Chinese cement manufacturer with cement plants in China, Laos, Nepal, and Indonesia.[1][2][3]

Goldman Sachs owns a 25% stake in the company, having acquired it for RMB 600 million in a deal signed in 2007.[4]

## References

[edit]

1. ^ Sharma, Narayan (May 20, 2018). "Hongshi-Shivam cement factory starts trial production". The Kathmandu Post. Retrieved 2023-09-06.
2. ^ "Cement factory strengthens economic development in Vientiane province". Vientiane Times. August 18, 2018.
3. ^ Sandi, Ferry (10 September 2021). "Heboh Izin Pabrik Semen Baru di Ibu Kota Baru, Ini Faktanya!" [Excited about New Cement Factory Permits in the New Capital City, Here's the Facts!]. CNBC Indonesia (in Indonesian). Retrieved 2023-09-06.
4. ^ "Goldman to Take Stake in Chinese Cement Maker, Report Says". New York Times Dealbook. August 23, 2007.

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