CNBM resumes operations following coronavirus outbreak

China National Building Material Group (CNBM) has started to resume its operations in various sectors following the outbreak of the novel coronavirus. Priority has been given to activities related to epidemic control, according to the China Daily newspaper. Its plans are aligned with instructions from the Assets Supervision and Administration Commission of the State Council to ensure stable production and operations to back the country’s economic development while preventing the virus from spreading further.

Zhou Yuxian, chairman of CNBM, said that the company is aiming at grasping ‘the first market share’ after the epidemic. The state-owned company intends to watch market demand and the reactions of companies from the upstream and downstream supply chain. CNBM also released guidelines of resuming work and epidemic prevention for different sectors earlier this month.

For its cement business, CNBM has urged the resumption of full production by subsidiaries related to life and medical waste handling. CNBM has asked its other subsidiaries to restart work gradually in different batches based on market demand.