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China Infrastructure Construction Corp. (CHNC)

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Last Post: 8/24/2018 10:37:33 PM - Followers: 20 - Board type: Free - Posts Today: 0



China Infrastructure Construction Corp. (CHNC)




Company Information:

C915 Jia Hao International Business Cent
116 Zizhuyuan Road Haidan District
Beijing 100097

Phone: 86-10-5170-9287

Phone: 86 10 58090110


CIK:  0001411057


China Infrastructure Construction, (CHNC) has been based in Beijing, China since its founding in 2002 and owns and operates three production lines of ready-mix concrete. The Company's subsidiary Beijing Concrete ranks among the top four producers in China's capital.

China's importance as a producer and user of concrete and concrete products has been swiftly growing since the 1990s as its economy has opened and become more developed and vibrant. China is the world's largest producer of cement and the output of cement reached up to 1.38 billion tons in 2008. Its production has grown about 10 percent per year over the past two decades and is now growing even faster to keep up with massive urbanization. Today China produces roughly half of the total global output of cement and ready-mix concrete, more than the next three largest producers, India, Japan, and the United States combined.

Concrete product producers are the largest market for cement in China, projected to account for approximately 40% of all cement consumption in 2010. The PRC government's continued efforts to modernize the country's infrastructure are exemplified by such massive projects as the USD$586 billion economic stimulus package of 2008, with two-thirds of the expenditure targeting construction.

China generates half of all new building activity in the world and rapid expansion is expected to continue to 2030 as up to 400 million citizens are projected to move into urban areas.




Yang Rong, Chairman, CEO
Yiru Shi, CFO



Newly acquired business resulting in expansion of area served.
On October 8, 2008, the Company entered into and consummated the transactions contemplated under a Share Exchange Agreement with Northern Construction Holdings, Ltd., a Hong Kong limited company ("NCH") and its shareholder pursuant to which the Company purchased from the shareholder of NCH all issued and outstanding shares of NCH's common stock in consideration of the issuance of 12,000,000 pre-split shares of common stock of the Company (the "Share Exchange").


The Share Exchange resulted in (i) a change in control of the Company with the shareholder of NCH owning approximately 78% of issued and outstanding shares of common stock of the Company, (ii) NCH becoming a wholly-owned subsidiary of the Company, and (iii) appointment of certain nominees of the shareholder of NCH as directors and officers of the Company and resignation of John Schoenauer as director, Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer of the Company.


NCH, through its subsidiary Beijing Chengzhi Qianmao Concrete Corporation Ltd. ("Beijing Concrete") engages in production of ready-mixed concrete and other special high-performance concrete for developers and the construction industry. It has two prime production facilities. One facility is located in the Nanhaizi area, on the west side of the Yizhuang economic development zone in Beijing. The other is located at the Tangshan harbor, about two hundred kilometers from Beijing.


Hunter Wise Securities, LLC and S3 Investment Company, Inc subsidiary Redwood Capital facilitated completion of USD $10 million financing in October 2009 Click on news and go to October 22, 2009 pr for source of following excerpt:

Redwood Capital acted as a financial advisor for the equity offering and will receive cash and CHNC stock as a success fee for its participation.


While Redwood Capital has traditionally assisted private Chinese companies in accessing the North American capital markets through reverse merger transactions, the company has recently been retained by Chinese companies that are already listed in the U.S. public markets to assist with the process of raising additional capital.


Led by institutional investors in Asia and North America, the CHNC private placement offering was increased to USD$10 million from an originally planned USD$5 million. The Company sold a total of approximately 2,564,103 shares of its common stock, no par value, at $3.90 per share in the offering. Immediately after the private placement there were approximately 11,118,397 shares of CHNC common stock outstanding.


CHNC through its PRC subsidiaries operates its ready-mix concrete facilities in China's capital under the brand of Chengzhi Qianmao Concrete Co, Ltd. ("Beijing Concrete"). In its most recent fiscal year ended May 31, 2009 CHNC achieved after-tax net income of USD$10.5 million. As a condition of the financing, CHNC agreed to net income targets of USD$14 million and USD$18 million, subject to certain adjustments, for each of the fiscal years ending May 31, 2010 and 2011 respectively. CHNC management has stated that over the past six years, Beijing Concrete has enjoyed an average growth rate of over 30% annually.


Recent News:


Share Structure: 

Current Capital Change
shs decreased by 1 for 10 split
Pay Date: Sep 28, 2009

Authorized Shares
100,000,000 as of Oct 19, 2009 

Outstanding Shares
12,815,620 as of April 27, 2010 

Preferred Authorized Shares

Preferred Outstanding Shares



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#258   They should change their name to something that bargainhunter65 08/24/18 10:37:33 PM
#257   $CHNC: Hippocrates Direct HealthCare Offices open in HOUSTON, TX makinezmoney 08/01/18 08:27:45 AM
#256   Low floater will explode ;) LivinLarge8 07/31/18 07:45:05 PM
#255   China Infrastructure Construction Corp. (otcpk:CHNC) Announces That It LivinLarge8 07/31/18 07:43:35 PM
#254   I hope so ! LivinLarge8 07/31/18 07:42:23 PM
#253   Watching this one for a move Float - LivinLarge8 07/31/18 07:42:07 PM
#252   $CHNC: News OUT makinezmoney 07/26/18 09:02:39 AM
#251   Resistance is $0.05..if it can break through that George2121 07/25/18 09:29:57 AM
#250   Impressive day. know all 07/24/18 09:17:57 PM
#249   $CHNC: True... saw ALAD go from $0.05 to $24 makinezmoney 07/24/18 10:52:45 AM
#248   CHNC, OS is big but float is Traderfan 07/24/18 10:39:10 AM
#247   4,514,695,620 OS, market cap $203 million... Helter Skelter 07/24/18 09:53:17 AM
#246   Reverse Merger news OUT!! PennyStalker01 07/24/18 09:41:03 AM
#245   $CHNC: NEWS........... Reverse Merger takeover makinezmoney 07/24/18 09:34:41 AM
#244   They just merged with a health care company George2121 07/20/18 10:21:20 AM
#243   Don't say I didn't tell you this was George2121 07/09/18 03:23:09 PM
#242   Time will tell, bro... George2121 03/09/18 05:04:01 PM
#241   ???? Why would you say somethig like XYREUS 10/25/17 01:20:34 AM
#240   I heard the NEXT BIG thing in medicine George2121 10/10/17 01:14:10 PM
#239   Kissed 0.065 ~Angel~ 01/25/17 04:35:23 PM
#238   Are these guys building the Trump wall? :p MrPoppaGeorgeo 01/25/17 03:57:37 PM
#237   wake upppppp ~Angel~ 01/25/17 03:52:42 PM
#236   Omg ~Angel~ 01/25/17 03:51:01 PM
#235   Tiny ~Angel~ 01/25/17 03:36:01 PM
#234   This float has to be tiny tiny MrPoppaGeorgeo 01/25/17 02:03:52 PM
#233   Luckily this is such a low floater it $hellKing 01/25/17 01:37:43 PM
#232   Do you know who he is and his history? $hellKing 01/25/17 01:27:47 PM
#231   Idk im just posting what I found ive etcetera 01/25/17 01:26:57 PM
#230   So Richard Astrom took over? How is $hellKing 01/25/17 01:25:11 PM
#229 etcetera 01/25/17 01:18:30 PM
#228   How do you know? $hellKing 01/25/17 01:13:41 PM
#227   Hahaha MrPoppaGeorgeo 01/25/17 01:01:17 PM
#226   Lmao next merger I find is T. U etcetera 01/25/17 12:58:32 PM
#225   Weeeeee MrPoppaGeorgeo 01/25/17 12:51:55 PM
#224   Fyi Merger has taken place change of control etcetera 01/25/17 12:50:37 PM
#223   Lol 10xPAY 11/02/16 03:03:28 PM
#222   Only God and the Shadow probably need Zardiw 11/02/16 10:30:43 AM
#221   Why does this just sit here and do nothing? 10xPAY 11/01/16 07:44:29 PM
#220 z Zardiw 07/22/16 03:37:28 PM
#219   Its so hard for me to pay 600% $hellKing 07/22/16 03:06:13 PM
#218   From what I'm hearing there's gonna be some Zardiw 07/22/16 01:29:53 PM
#217   Im too depressed. Had like 50k at $hellKing 07/22/16 09:38:31 AM
#216   Hearing Good Things coming to $CHNC z Zardiw 07/22/16 09:26:13 AM
#215   very thin here 3 million share float or less raidersoftheloststocks 06/24/16 09:20:06 AM
#214   DDAmanda® Chart on: $CHNC: Click on the chart Zardiw 06/11/16 01:31:38 PM
#213   Watch for a move .05 .06 .07 $hellKing 12/17/15 11:01:23 AM
#212   It was taken over by David Cutler. $hellKing 12/17/15 11:00:05 AM
#211   What happened to this sock? They released quarterlies, XYREUS 04/11/15 11:56:05 PM
#210   No news that I can find. Any thoughts bpkaus 08/12/13 10:25:30 AM
#209   CHNC is up by 175% kranthikumar 08/12/13 09:56:08 AM