local time on June 21, the brand renewal ceremony of HBM (Huaxin Building Materials Huaxin Building Materials) Nigeria Company was successfully held. This brand upgrade marks that the original Lafarge Africa Nigeria Plate officially opened a new stage of development in Nigeria with HBM brand image, and is also an important milestone for Huaxin to further cultivate the West African market. On the scene of
the ceremony, Li Yeqing, president of Huaxin Building Materials Group (HBMG), delivered a speech through video. He said that Huaxin will fully integrate the resource advantages of both sides, adhere to localization and deep cultivation, and work together for long-term development. In view of the company's future development, Li Yeqing put forward four main lines of development, namely, improving the diversified product matrix, promoting the green transformation of the industry, building a localized professional operation team, and taking the initiative to assume corporate social responsibility. He stressed that the group will export global mature technology and modern management system, and make every effort to build HBM Nigeria into a leading building material enterprise in West Africa, contributing more to Nigeria's economic development. Lolu, CEO
of HBM Nigeria, delivered a speech on the spot, saying that the brand renewal was not a simple change of name, but an important milestone for enterprises to deeply integrate into the global layout of Huaxin. For the first time, the event fully demonstrated Huaxin's development heritage, development vision and long-term planning to all sectors of Nigeria, demonstrating Huaxin's determination to deepen local development and join hands in local win-win development. Relying on the strength of the Group and local talents, HBM Nigeria will continue to expand its business scale, participate in local construction in depth, and contribute to the long-term development of Nigeria. As a big country in Africa,
Nigeria has been designated as the core fulcrum of West Africa strategy by Huaxin. On August 29, 2025, Huaxin completed the acquisition of 83.81% of Lafarge Africa Co., Ltd. and became the largest shareholder of the company. The company is a well-known listed building materials company in Nigeria, with four large-scale cement production bases, while laying out the whole industry chain business of commercial concrete, sand and gravel aggregate, solid waste environmental protection disposal and so on.
Africa is the core sector of Huaxin's overseas layout, and the Group's business has covered seven African countries. At present, Huaxin has invested and built factories overseas in 14 countries, and is the largest overseas production capacity enterprise in the domestic cement industry. The leaders and guests who

attended the ceremony took a group photo
.
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