CADC Profile
China
Advanced Construction Materials Group, Inc. (CADC) is a China-based
company that provides ready-mix concrete through its subsidiaries in
China. The company primarily serves customers in the construction
industry, including contractors, developers, and individual property
owners.
CADC operates through two segments: construction
materials and municipal construction projects. The construction
materials segment generates revenue by selling ready-mix concrete, and
the municipal construction projects segment is engaged in the
construction of highways and other infrastructure projects.
CADC has experienced growth in recent years due to the increasing
demand for construction materials in China. However, the company faces
competition from other Chinese and international companies operating
in the construction materials market.
Investors should be aware
that CADC operates in an industry that is sensitive to changes in
economic conditions, particularly in China. Any slowdown in the
Chinese economy could have a negative impact on the company's
financial performance.
As of September 2021, CADC had a market
capitalization of approximately $15 million and traded on the NASDAQ
stock exchange under the ticker symbol &";CADC&";.
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