What are the opportunities for going to sea in Africa? Dr. Ma Weiping, former president of Western Cement and chairman of OCC, will reveal the answer.

On April 2, Western Cement announced that it had entered into a share sale and subscription agreement with Africa Sam Company of South Africa, agreeing to acquire the shares of Africa Sam Company of South Africa at a maximum price of 145 million US dollars (equivalent to about 998 million RMB).

Western Cement believes that the acquisition of Africa Sam's business will expand the company's cement development and territory in Southern Africa. Africa Sam produces 4.5 million tons of cement, 5 million tons of aggregate and 1.5 million tons of ready-mixed concrete annually.

When China's cement production capacity begins to seek a new way out for the African continent, a question that cannot be avoided is placed in front of everyone: Is the opportunity real and the risk controllable?

At the " 15th China Cement Industry Summit TOP100 Award Ceremony " to be held in the near future, Dr. Ma Weiping, former president of Western Cement and chairman of OCC, will focus on the opportunities and challenges for domestic cement enterprises to go to sea. It brings a very important theme sharing from the perspective of people who have experienced the overseas market.