Holcim in China

实力 业绩 热诚 Strength. Performance. Passion.

豪瑞在中国

Holcim in China

Strong focus on value creation A global Group with Swiss roots We are a leading global supplier of cement, aggregates (crushed stone, gravel and sand), ready-mix concrete and asphalt. Our company was founded in 1912, in connection with the construction of a cement plant in Holderbank, Switzerland. As early as the 1920s, Holcim began to invest selectively in Europe, and then overseas.

The company has been listed on the SWX Swiss Exchange since 1958. Today, the Group operates across all continents.

Sustainably creating value Our key objective is the creation of value. We attach great

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Holcim in China

importance to sustainable development at an economic, ecological and social level. By taking this holistic approach, we can secure the company's long-term success. The basis for this is an exceptional operational performance and a solid return on the invested capital.

Reliable and respected Holcim strives to be a valued and reliable partner to all stakeholders. We also aim to be the most respected and attractive company in the building materials industry.

Our strict Corporate Governance standards make a major contribution to achieving this goal.

重视价值创造

起源于瑞士的跨国集团 豪瑞是世界领先的水泥、集料（砂石、碎石和沙子）、预 拌混凝土和沥青供应商，成立于1912年，当时是位于瑞 士侯德班克的一家水泥厂。早在上世纪二十年代，豪瑞就 开始有选择地在欧洲进行投资，随后又将目光扩展到欧洲 以外的地区。豪瑞于1958年在瑞士证券交易所上市，如 今，我们的业务已经覆盖了全球五大洲。

受到尊敬、值得信赖 豪瑞努力成为所有利益相关团体重视并信赖的合作伙 伴，同时也立志成为建材行业最受尊敬、最具吸引力的 公司。严格的“公司治理标准”为实现这一目标发挥了 举足轻重的作用。

以可持续的方式创造价值 公司的核心目标在于创造价值。公司非常重视经济、生 态以及社会层面的可持续发展。这样的整体发展战略确 保公司能够获得长远的成功。优异的经营业绩和投资回 报是推行整体战略的基石。

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Strategic pillars Cement and aggregates as the basis We focus on our core business. Cement and aggregates are at the center of our activities. In increasingly mature markets with specific customer needs, we also offer ready-mix concrete, concrete goods and asphalt, including associated services. Innovative, applicationdriven quality products make us the provider of choice for our clients.

Globally active and firmly rooted Holcim is more globally active than any other building materials group, with a strong foothold in its individual

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Holcim in China

markets. Geographic diversification guarantees stable earnings for the Group. Solid internal and external growth allows us to expand our market position – in both developing and mature markets.

Local responsibility with global leadership Our business has local roots and is geared to the conditions and needs of each specific market because that is where value is created. Group-wide standards and systematic benchmarking allow us to enhance our efficiency. The key to success lies in striking a balance between local responsibility and global leadership.

战略支柱

水泥和集料是基础 豪瑞专注于核心业务。水泥和集料是我们一切业务活动 的重心。随着市场的不断成熟和客户需求的细化，我们 也供应预拌混凝土、商品混凝土和沥青，并提供相关服 务。新颖、实用、高质的产品使我们成为客户青睐的供 应商。

领先于全球、负责于当地 价值来源于市场。在“本地化”原则指导下，豪瑞扎根于 当地，力求满足各个市场的具体条件和需求。统一的标准 和系统性的基准衡量提高了公司的效率。在本土化的同时 保持全球领先地位是我们取得成功的关键。

活跃于全球、稳扎于市场 豪瑞是全球最活跃的建材集团，同时也在各个市场拥有 稳固的地位。地理位置的多元化保障了公司稳定的收 益；有力的内外发展让我们得以扩展市场份额，既开拓 新兴市场，也开拓成熟市场。

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Success is based on good people Motivate and demand Holcim offers attractive and challenging jobs with development potential. We see ourselves as an exemplary employer able to recruit the best staff and motivate them over the long term. To encourage employees and demand achievement from them is the fundamental philosophy that moves Holcim forward. Openness, respect and understanding for a wide range of different cultures have always been part of how Holcim perceives itself.

Training as a continuous process Regular training at all levels ensures that employees develop and fulďŹ ll their potential in the best possible

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Holcim in China

way. This mainly falls within the remit of the individual Group companies. To strengthen know-how and skills, Holcim has developed tools that enable the Group to rapidly spread its expertise.

Safety at work Everyone must play his or her part when it comes to health and safety at work. With the "Passion for Safety" initiative, we aim to create a new concept of safety within the Group. Suppliers, subcontractors and visitors are also involved. Through training measures and a broad-based reporting system, employees are made aware of the risks and kept informed about necessary corrective measures.

优秀的员工是成功的基石

激励和要求 豪瑞为员工提供具有吸引力和挑战性的工作以及发展空 间。我们致力于成为模范雇主，招聘最优秀的员工， 同时给他们以长期激励。鼓励员工并要求其取得成绩是 豪瑞的基本发展理念。以开阔的胸怀尊重并理解各种文 化——这一直是豪瑞对自身定位的一部分。

职业安全 职业健康和安全，人人有责。豪瑞发起“安全至上”的 倡议，在集团内部营造新的安全理念。供应商、分包商 和访客也参与其中。我们通过培训和全面的报告系统， 让员工了解潜在的危险及必要的改进措施。

不间断的培训 豪瑞通过不同层级的定期培训保证员工以最佳的方式开 发并实现自己的潜能。培训主要由集团各分公司提供。 为了提高专业知识和技能，豪瑞开发了能使专业知识迅 速在集团内传播的工具。

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Committed to environment and society Natural resources are a precious commodity Our products are dependent on quarrying. The manufacturing of cement requires substantial amounts of energy. EfďŹ cient use of natural resources, aimed among other things at reducing CO2 emissions, is a cornerstone of our business policy. Improving our energy efďŹ ciency, recycling waste, and replacing clinker with other mineral binders are the main focus of our efforts in this area.

Alternative fuels and raw materials have a future Holcim is conďŹ dent that the use of alternative fuels and raw materials represents an active contribution to sustainable development. We are forerunners in the use of new, environmentally sound technologies

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Holcim in China

in the production process and are a leading user of alternative fuels and raw materials.

Living up to our social responsibility Holcim has a long-standing commitment to the communities where our facilities are located.

Frequently the biggest local employer, we recognize our social responsibility. Our Group companies promote education and training, sustainable community development and improvements in local infrastructure. With innovative concepts, technical support, easy access to construction materials and sources of funding, Holcim gives larger sections of the population an opportunity to carry out their own building projects.

致力于环境保护和社会发展

自然资源是贵重商品 我们的产品依赖于采石和大量能源。有效的利用自然资 源、减少二氧化碳的排放量是公司商业政策的基石。在 这方面，公司主要将精力放在提高能源利用效率、循环 利用废物和用其它矿物粘合材料代替熟料上。 替代燃料和替代原料拥有未来 豪瑞坚信利用替代燃料和替代原料是对可持续发展的积 极贡献，率先在生产过程中使用环保新技术、替代燃料 和原料。

履行社会责任 豪瑞在其设厂地区向社区做出长期承诺。我们常常是当 地最大的雇主，深知自己肩负的社会责任。豪瑞集团的 各个公司都开展教育和培训、致力于社区可持续发展和 当地基础设施的改善。在豪瑞的创新理念、技术支持、 建筑材料和融资渠道等的帮助下，更多人有机会承办自 身的建筑工程。

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Holcim in China Holcim's history in China China is the world's largest cement market. A strong presence in China is therefore of critical importance to the Group. Holcim's involvement in the Chinese cement industry commenced over 20 years ago with the technical know-how of our industry consultants being utilized by local cement producers. In 1995, Holcim became a shareholder in Suzhou Golden Cat Cement and in the same year it also set up a Representative Office in Beijing.

Four years later, Holcim took a strategic investment in Huaxin Cement located in Hubei province, central China and later sold its shares in Golden Cat to Huaxin.

The status quo Huaxin's steady growth has positioned the company firmly in the top league of Chinese cement enterprises.

In 2008, Holcim was given the opportunity to raise its participation significantly through means of a private placement, making Holcim the largest shareholder in Huaxin Cement. The former Representative Office in Beijing has been replaced by "Holcim Management Services (China) Ltd.", an entity set up to support the

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Holcim in China

Holcim-Huaxin relationship . This sound relationship, built on mutual trust and respect, has laid a strong foundation for more and even closer cooperation in the future.

Outlook China is of great importance to Holcim and our passion for and commitment to China is continually growing. We are very proud of our partnership with Huaxin. Holcim's fundamental belief worldwide is to achieve success by supporting our local partners. Among other things, we are working with Huaxin on issues of clean production, environmental protection, waste co-processing, energy efficiency, and corporate social responsibility. At the same time, we cooperate with various government and industry bodies on a range of topics where Holcim's international experience may add value to the Chinese cement industry at large. Holcim is also an active member of the CBCSD (China Business Council for Sustainable Development) and the EUCCC (European Chamber of Commerce in China).

豪瑞在中国

在华发展历程 中国是世界上最大的水泥市场，对豪瑞意义重大。豪瑞 参与中国水泥工业的发展可以追溯到20年前，当时中国 的水泥生产商采用了我们工业顾问的技术。1995年， 豪瑞成为苏州金猫水泥的股东；同年，在北京成立代表 处。四年后，豪瑞成为中国中部地区湖北省华新水泥的 战略投资者，此后又将所持的金猫股份卖给了华新。 现状 稳步的发展已使华新成为中国水泥行业的领先企业。 2008年，豪瑞获得机会通过定向增发扩大在华新的股 份，成为了华新最大的股东。北京代表处也由“豪瑞管 理顾问（中国）有限公司”代替。该公司将支持豪瑞与 华新的合作，并进一步加强豪瑞在中国的业务活动。通 过多年合作，华新与豪瑞之间形成的彼此信任的友好关 系为双方今后更深远和紧密的合作奠定了坚实的基础。

展望 豪瑞重视在中国的发展。我们对中国的热情和承诺不断 增强。与华新的合作伙伴关系使我们深感自豪。豪瑞的 基本理念是通过支持各地的业务伙伴而建立成就。除其 它领域外，我们与华新的合作也涉及清洁生产、环境保 护、废弃物协同处置、能源节约，以及企业社会责任。 与此同时，我们还与各政府部门和行业组织在多个方面 展开合作，以期利用豪瑞的国际经验为中国水泥工业的 整体发展做出贡献。此外，豪瑞还是中国可持续发展工 商理事会以及欧盟商会的积极会员。

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Holcim Foundation for Sustainable Construction Goals of the Foundation The Holcim Foundation for Sustainable Construction promotes innovative approaches to sustainable construction. The objective is to encourage sustainable responses to the technological, environmental, socioeconomic and cultural issues affecting building and construction through a range of initiatives.

"Target Issues" for sustainable construction The Holcim Foundation and its partner universities have identiďŹ ed a set of ďŹ ve "target issues", which serve as the basis for any activity the Foundation supports. These issues are: innovation at the forefront of sustainable construction, highest ethical standards that support

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Holcim in China

social equity, a sensible use and management of natural resources, economic feasibility and a high standard of architectural quality.

Holcim Awards and Holcim Forum The Holcim Awards are an international competition for future-oriented and tangible sustainable construction projects. The competition awards prize money of USD 2 million per three-year cycle. The Holcim Forum is also held every three years and is a series of symposiums for academia and practitioners to encourage discourse on the future of the built environment. More information can be found on http://www.holcimfoundation.org

豪瑞可持续建筑基金会

基金会目标 豪瑞可持续建筑基金会的目标是鼓励以可持续的方法来 解决与建筑及建设相关的技术、环境、社会经济和文化 问题。 可持续建筑评选指标 豪瑞可持续建筑基金会与其合作大学确立了五项评选指 标，作为基金会组织各项活动的原则。这些指标是：开 拓性的可持续建筑创新、道德标准和社会平等、自然资 源的科学利用和管理、经济效能、建筑品质。

豪瑞大奖赛和豪瑞论坛 豪瑞大奖赛是为表彰和支持以未来为导向的可持续建筑 项目而设立的国际性比赛，每三年举办一次，总奖金额 为200万美元。豪瑞论坛是为建筑学者和从业者举办的系 列研讨会，旨在探讨与未来建筑环境相关的解决方案。 更多信息请登陆http://www.holcimfoundation.org。

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Key financial figures Million USD

2007

2006

±%

22,543

19,175

+ 17.6

Operating EBITDA

5,775

4,869

+ 18,6

Operating profit

4,187

3,508

+ 19.4

Net income attributable to equity holders of Holcim Ltd

3,221

1,683

+ 91,4

Cash flow from operating activities

4,436

3,538

+ 25.4

19,420

15,348

+ 26.5

869

850

+ 2,2

Investments in property, plant and equipment for expansion

1,871

1,012

+ 84,9

Financial investments net

1,898

1,643

+15.5

Net sales

Total shareholders' equity Investments in property, plant and equipment for maintenance

Holcim has been named "Leader of the Industry" in the Dow Jones Sustainability Index 2007/08 and has thus been acknowledged as the company with the best sustainability performance in the building materials industry for the third year in succession.

Net sales by region Holcim presence North America

Latin America

Europe

Asia Pacific

Africa Middle East

19%

14%

37%

23%

7%

4.471 billion USD

3.342 billion USD

8.668 billion USD

5.243 billion USD

1.526 billion USD

Holcim is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in more than 70 countries on all continents.

Key segment figures 2007 Cement Cement and grinding plants:

Other construction materials and services

Aggregates 151

Aggregate plants:

405

Ready-mix concrete plants:

1,105

Production capacity in million t:

197.8

Sales of aggregates in million t:

187.9

Asphalt plants:

149

Sales of cement in million t:

149.6

Net sales in million USD:

2,658

Sales of ready-mix concrete in million m3:

45.2

Sales of asphalt in million t:

14.8

Net sales in million USD: Operating profit in million USD: Employees:

14,352 3,654 57,671

Operating profit in million USD: Employees:

253 7,000

Net sales in million USD: Operating profit in million USD: Employees:

7,946 279 24,567

主要财务数据 美元 （百万）

2007年

2006年

±%

净销售额

22,543

19,175

+ 17.6

息税折旧及摊销前利润

5,775

4,869

+ 18.6

营业利润

4,187

3,508

+ 19.4

豪瑞股东应得净利润

3,221

1,683

+ 91.4

经营现金流

4,436

3,538

+ 25.4

19,420

15,348

+ 26.5

固定资产维护投资

869

850

+ 2.2

固定资产扩大投资

1,871

1,012

+ 84.9

金融投资净额

1,898

1,643

+15.5

股东权益合计

豪瑞入选道琼斯可持续发展指数2007/2008，被誉为“行业领先者”。因此，豪瑞连续三年成为建材行业公认的最具可持续发展能力的公司。

各地区净销售额 各区域在豪瑞业务中所占份额 北美洲

拉丁美洲

欧洲

亚太地区

非洲和中东

19%

14%

37%

23%

7%

44.71亿美元

33.42亿美元

86.68亿美元

52.43亿美元

15.26亿美元

豪瑞是世界领先的水泥、集料（砂石、碎石和沙子）、预拌混凝土和沥青供应商和服务商。豪瑞集团在全球70多个国家拥有占有多数或少 数股权的公司。

2007年各部门主要数据 水泥 水泥和粉磨工厂:

其他建筑材料和服务

骨料 151

骨料生产工厂:

405

预拌混凝土工厂:

1,105

生产能力（以百万吨计）:

197.8

骨料销量（以百万吨计）:

187.9

沥青工厂:

149

水泥销量（以百万吨计）:

149.6

净销售额（以百万美元计）:

2,658

净销售额（以百万美元计）:

14,352

营运利润（以百万美元计）:

253

预拌混凝土销量 （以百万立方米计）:

45.2

营运利润（以百万美元计）:

3,654

沥青销量（以百万吨计）:

14.8

员工人数:

57,671

员工人数:

7,000

净销售额（以百万美元计）:

7,946

营运利润（以百万美元计）:

279

员工人数:

24,567

Holcim Management Services (China) Co. Ltd. China Central Place, Unit 1208 Tower 1 81 Jian Guo Road, Chaoyang District Beijing 100025, China Phone +86 10 5925 8000 Fax +86 10 5925 8001 豪瑞管理顾问（中国）有限公司 北京市朝阳区建国路81号 华贸中心写字楼1座1208室 邮编 100025 电话 +86 10 5925 8000 传真 +86 10 5925 8001

© 2008 Holcim Management Services (China) Co. Ltd.