West China Cement
West China Cement (HKEX: 2233) is a Chinese cement manufacturer and distributor founded in 1991, producing cement under the Yao Bai (尧柏) and Yaobaishuini (尧柏水泥) brands primarily for infrastructure and residential construction in North Western China, with a 2026 expansion into South Africa via the AfriSam acquisition.
- Company typePublic
- Founded1991
- HeadquartersChangan, China
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What West China Cement does
West China Cement Limited (HKEX: 2233) is a publicly listed cement manufacturer and distributor founded in 1991 and headquartered in Changan, China. The company produces and sells cement under two proprietary trademarks, Yao Bai (尧柏) and Yaobaishuini (尧柏水泥), serving primarily infrastructure projects (highways, bridges, railways, roads) and residential building construction across North Western China. Its customer base is distributed across the regional construction value chain, with no publicly disclosed named anchor customers, and the business model is a traditional B2B commodity producer-distributor structure in which revenue scales with regional cement volumes and pricing.
The company's core technology is conventional cement manufacturing and distribution; the product portfolio is a single commodity category sold under two regional brands. Distribution is executed through an established North Western China logistics network, where high cement transport costs provide structural protection from outside competition. In 2026, West China Cement materially broadened its footprint through the R2.5 billion acquisition of South African cement competitor AfriSam Holdings Proprietary Limited, subject to Competition Commission conditions including a three-year retrenchment moratorium and local production capacity requirements, adding South Africa and Mozambique to its served geographies.
The revenue model is straightforward unit-volume × price cement sales into construction end-markets, supplemented by debt capital markets activity in 2026 (a US$300M 10.500% Senior Notes due 2029 issuance with concurrent tender for the 4.95% 2026 Notes). FY2025 reported revenue implies a $1B–$5B scale band after adjusting for the apparent unit-scaling issue in the source dataset, with a FY2025 Positive Profit Alert signaling year-over-year earnings recovery versus a 2024 trough. The concurrent announcement of a potential asset disposal indicates active portfolio reshaping alongside the African expansion. The company files monthly securities movement returns and annual ESG reports to the Hong Kong Stock Exchange.
West China Cement firmographics
Firmographics- Name
- West China Cement
- Legal name
- West China Cement Limited
- Website
- https://westchinacement.com
- Company type
- Public
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- West China Cement (HKEX: 2233) is a Chinese cement manufacturer and distributor founded in 1991, producing cement under the Yao Bai (尧柏) and Yaobaishuini (尧柏水泥) brands primarily for infrastructure and residential construction in North Western China, with a 2026 expansion into South Africa via the AfriSam acquisition.
- Ownership category
- akta.pro rank
West China Cement industry classification
Industry- Product category
- Cement Manufacturing
- NAICS
- Cement Manufacturing (327310)
- SIC
- Cement, Hydraulic (3241)
- akta.pro primary industry
- Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)
- akta.pro secondary industries
- Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime) (IMADAAAH), Mortar, Grout & Masonry Cements (IMADABAL)
Keywords
Where West China Cement is headquartered
LocationHeadquarters
- HQ city
- Changan
- HQ country
- China
- HQ region
- Asia
Markets served
West China Cement business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Infrastructure, Personnel, Others
West China Cement product offering
Product offeringCore offering
West China Cement manufactures and distributes cement sold under the Yao Bai (尧柏) and Yaobaishuini (尧柏水泥) trademarks, primarily serving large-scale infrastructure construction (highways, bridges, railways, roads) and residential building projects in North Western China. Following its 2026 acquisition of South African peer AfriSam Holdings Proprietary Limited, the company has extended its cement manufacturing and distribution footprint into South Africa and Mozambique.
Product overview
West China Cement Limited (WCC) is a leading cement manufacturer and distributor in North Western China. The company operates as a single unified product business, producing and selling cement under its proprietary brands Yao Bai (尧柏) and Yaobaishuini (尧柏水泥). The cement products are primarily used in the construction of infrastructure projects such as highways, bridges, railways, and roads, as well as residential buildings.
Differentiator
Problem solved
Functional benefit
Brands
- 尧柏 (Yao Bai): Cement brand trademark
- 尧柏水泥 (Yaobaishuini)
Products and services
- Yao Bai (尧柏) cement Cement sold in North Western China under the Yao Bai (尧柏) trademark, primarily used in infrastructure projects (highways, bridges, railways, roads) and residential building construction.
- Yaobaishuini (尧柏水泥) cement Cement sold in North Western China under the Yaobaishuini (尧柏水泥) trademark, primarily used in the construction of highways, bridges, railways, roads and residential buildings.
Companies that use West China Cement
Customer profileSegments1 record
Ideal customer profiles1 record
West China Cement technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
West China Cement partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AfriSam Holdings Proprietary LimitedcoreWest China Cement acquired AfriSam Holdings Proprietary Limited for R2.5bn (approximately 2.5 billion South African Rand). The acquisition was approved by the South African Competition Commission subject to conditions including a three-year moratorium on retrenchments and requirements to maintain AfriSam's local production capacity. This represents a significant geographic expansion into the African market.
Scale indicators1 record
Recent moves6 records
Expansion highlights4 records
West China Cement competitors and assessment
Company assessmentDirect peers
- Anhui Conch Cement: Largest cement producer in China, listed in Hong Kong and Shanghai, with overlapping exposure to infrastructure and residential cement demand and a similar portland/blended cement product portfolio.
- China National Building Material (CNBM): State-affiliated cement and building materials giant operating across mainland China; directly comparable in scale, cement product range, and infrastructure-project end markets.
- PPC Ltd: Leading South African and African cement producer; comparable cement product range and end-market exposure, and now a fellow South African market participant alongside WCC's AfriSam subsidiary.
- Huaxin Cement: Chinese cement producer with central China footprint and growing overseas (Central Asia, Africa) operations; closely comparable given its dual China-domestic and international expansion strategy.
- Tangshan Jidong Cement: Major northern Chinese cement manufacturer with overlapping regional exposure to North China infrastructure cycles and similar cement-only product focus.
- BBMG Corporation: Beijing-based integrated cement and building materials producer serving northern Chinese infrastructure projects; comparable in product mix and end-market exposure.
- AfriSam Holdings: South African cement, aggregate, and readymix producer now wholly owned by WCC; directly comparable in cement manufacturing and South African infrastructure end markets.
Broad incumbents
- Holcim: Global cement and aggregates major with strong presence in emerging markets; provides a benchmark for international cement majors pursuing portfolio optimization and decarbonization.
- Heidelberg Materials: Global building materials heavyweight with vertically integrated cement, aggregates, and readymix operations; comparable for international capital-markets access and large-scale cement manufacturing economics.
Emerging players
- Dangote Cement: Africa's largest cement producer with pan-African footprint; comparable as a cement-led operator expanding into multiple African markets, though with much larger scale and broader geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
West China Cement social profiles
Digital presenceWest China Cement financial estimates
Financial estimateRevenue estimate
Valuation estimate
West China Cement leadership team
Management profileNumber of profiles
West China Cement subsidiaries and ownership
Company hierarchySubsidiaries1 record
West China Cement funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
West China Cement M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about West China Cement
What does West China Cement do?
West China Cement manufactures and distributes cement sold under the Yao Bai (尧柏) and Yaobaishuini (尧柏水泥) trademarks, primarily serving large-scale infrastructure construction (highways, bridges, railways, roads) and residential building projects in North Western China. Following its 2026 acquisition of South African peer AfriSam Holdings Proprietary Limited, the company has extended its cement manufacturing and distribution footprint into South Africa and Mozambique.
Is West China Cement a public or private company?
West China Cement is a public company. It is classified as public and is currently operating.
When was West China Cement founded?
West China Cement was founded in 1991. It employs 5,001 to 10,000 people.
Where is West China Cement based?
West China Cement is headquartered in Changan, China, in the Asia region.
Who are West China Cement's main competitors?
Direct peers on record are Anhui Conch Cement, China National Building Material (CNBM), PPC Ltd, Huaxin Cement, Tangshan Jidong Cement, BBMG Corporation and AfriSam Holdings. Broad incumbents are Holcim and Heidelberg Materials. Dangote Cement is listed as an emerging player.
Does West China Cement have an API?
No public API is recorded for West China Cement.
What industry is West China Cement in?
West China Cement's product category is Cement Manufacturing. Its primary akta.pro industry code is IMADAAAG, Cement Manufacturing (Portland, Blended & Specialty), with a secondary code of IMADAAAH, Cementitious Binders & Additives (Fly Ash, Slag, Silica Fume, Lime). Its NAICS code is 327310 and its SIC code is 3241.