(CHNC)

Description:

China Infrastructure Construction Corporation was organized on February 28, 2003 as Fidelity Aircraft Partners LLC, a Colorado limited liability company (Fidelity LLC). August 24, 2009, the Company changed its name from Fidelity Aviation Corporation to China Infrastructure Construction Corporation. The Company is a producer of advanced ready-mix concrete materials in Beijing, China. It is committed to conducting its operations with an emphasis on the extensive use of recycled waste materials, the efficient production of its concrete materials with minimal energy usage, dust and air pollution, and innovative products, methods and practices. The types of projects that it provides concrete for include large express railways, bridges, tunnels, skyscrapers, dams, and nuclear reactor infrastructure projects that many competitors are not able to produce due to technical difficulties, resource and information limitations. The company specializes in 'ready-mixed concrete', a concrete mixture made at its production facilities. This is the most common form of concrete, and accounts for nearly three-fourths of all concrete produced. Ready-mixed concrete is mixed on demand and is shipped to worksites by concrete mixer trucks. Green Concrete is the concrete that utilizes industrial waste, or other recycled materials as part of its raw materials, such as the ash reclaimed from the power-plant, the grounded wasted steel slag powder, and the wasted ore from steel mills. It has a product portfolio that serves the diverse needs of its developing customer base and its unique construction and infrastructure projects. Its marketing efforts are geared towards advancing Beijing Concrete as the supplier of choice for building China's most modern and challenging projects. The Company relies on third party suppliers of the raw materials to manufacture its products. The main components of its products include cement, fly ash, slag, admixture, sand and gravel. The Company competes with national, regional and local construction firms. Its main competitors include Beijing Heng Kun Concrete Center, Beijing Jian Gong Group Concrete Center, and Beijing Gaoqing Concrete Company. Its products and services are subject to regulation by governmental agencies in the PRC, and Beijing City and Hebei Province. Business and company registrations, along with the products, are certified on a regular basis and must be in compliance with the laws and regulations of the PRC and provincial and local governments and industry agencies, which are controlled and monitored through the issuance of licenses.