Huitao

Headquartered in Beijing, Huitao Technology Co. Ltd. (NASDAQ:HHT), formerly known as China Advanced Construction Materials Group Inc (China ACM) is a professional company specializing concrete production, sophisticated admixtures, and sales marketing. China ACM was approved as “Resources Comprehensive Utilization Enterprise” and “Advance and New Technology Enterprise” by the government,.

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Service

Construction industry in today’s world is becoming more and more complex and challenging, which badly requires professional concrete service and also becomes the driving force to improve relative technology.

When established, our company determined “Quality First, Customers Utmost” as objective and follows the development strategy of quality and benefits, applying advanced technology to build green and energy-efficient international brand to realize modern management, standard technology and scientific procedures. Depending on good business reputation and high technical competence, our company undertook many national major projects, such as the Olympic projects (like the Bird’s Nest and the Water Cube), the National Grand Theater, the new CCTV Site, Beijing Subway, the 3rd phrase of Beijing Capital International Airport, Beijing South Railway Station, Beijing Ring Road and 13 provinces’ high-speed railway projects, providing concrete for these great projects. We have provided over 1300 projects with high-quality concrete and hence are highly praised by national ministries and construction units.

Marketing Service

With good reputation in the industry, our company’s ready mix concrete plant has been applied to landmark projects.

Manufacturing Service

Our company has served 13 provinces’ high-speed rail projects in China and produced concrete 600 thousand cubic meters per year. The mixing station at the spot provides such services as concrete mixing, carriage and pumping, and can be moved at the spot with the project’s progress within few weeks.

Technical Service

Our company provides technical service like chemical technology to the customers and consultation on ready mix concrete. Production at the spot is in the charge of our company with certain profit, aiming at customers’ lower cost.

Marketing Cooperation

Limited by the geographical position, our company is unable to provide direct service. But based on the relationship with the cooperator, we will cooperate together with another independent company and charge certain fees. This kind of cooperation ensures the company to avoid uneconomical business expansion owing to capital demands.

PRODUCT

Concrete is the most widely used man-made product in the world. It also has the largest carbon emissions footprint of any industry. When making concrete production eco-friendly, it significantly contribution to lessens environmental impact – more so than any other industry.?The Company created the first and only low carbon emission footprint for China – which was recognized by the Ministry and was the first out of only 10 companies recognized. China ACM was also issued the NDRC certificate for comprehensive efficient use of raw materials.

The Company is trying to make:

  1. High-quality and customized “green” ready-mix concrete that uses 30% recyclable materials -Streamlined, efficient production and processes using minimal energy with low emissions -Sealed delivery methods that minimize dust and air pollution
  2. Advanced proprietary chemical engineering required to produce its 100-year patented RMC with recycledmaterials versus the 50-year standard
  3. Flexible production sites located outside of city centers to lessen the urban and transportation environmental impact Promoting the recycling of construction waste is mandatory, considering the mainstream trend and to sustain tactics, and also the best solution for handling construction waste. Developed countries have already achieved spectacular results in this field, and will continue to improve, optimizing configuration and efficiency of the construction waste recycling process. Comparing with developed countries, there is an enormous potentials in China’s Constrcution waste recycling and utilisation industry, due to the intreated work that haven’t been involved and the construction waste that have not been effectively utilised.

China ACM has dedicated its strong will to developing a low carbon economy and construction waste recycling and utilizing industry, thus proposing a blueprint as the world’s first demonstration plant producing environment-friendly concrete. At the same time, to create innovative systematic solutions, we aim to develop a new operation mode for construction waste recycling and utilizing industry, the leading strategy of “combining construction waste recycling with concrete industry” and the corresponding plant. We set the objectives as “Completely exhausting construction waste materials in a factory, Producing a variety of recycled products in an industrial chain ranging from waste disposal to end product manufacturing, Realizing sustainable social & economic development in an ecological & environment-friendly way, Enabling construction waste recycling & utilization industry to operate effectively by market means.

Project

The 2nd Phrase of Beijing Financial Street Project

2 office buildings, 1 shopping mall, and 1 hotel and apartment project for commercial purpose; Designed by Skidmore, Owings & Merrill LLP (SOM); 100, 000 cubic meters of concrete totally provided by our company. Beijing Yintai Centre Project Located at NO. 4 Jianguomen Outer Street, southwest of Dabeiyao Flyover, Chaoyang District, Beijing, Yintai Centre is a modern super high-rise building providing luxury hotel, apartment and office building, composed by 3 tower buildings and podia. Overall Floorage: 350, 000m2; Covering Area: 31, 300m2. Xin Ao provided this project with high-quality concrete and technology, meeting all performance requirements. The diameter of C60 mass concrete pillar reaches 2m, by adopting the technology like large dosage of admixture and retarded reduction admixture, adjusting parameters of concrete mix to reduce the adiabatic temperature peak for less concrete shrinkage and cracking, and to ensure the quality of the project. New CCTV Headquarters Project The Whole Overall Floorage: 550, 000m2; Main Building: 230m high, 380, 000m2 overall floorage; The Television Cultural Center: 150m high, 60, 000m2 overall floorage; Parking Facilities and Guard Houses: 110, 000m2 overall floorage; Seismic Fortification Category for Structures: Category B; Seismic Fortification Measures: Degree 9; Safety Class of Building Structures: Class I. Xin Ao provided concrete 95, 000m3, accounting for 80% of the whole. With strong production and supply, efficient management, we completed various high-difficulty requirements: all walls, pillars, plates, beams, exposed parts and three stories underground were used as-cast finish concrete, load-bearing structures are used concrete with special colors and mass concrete with thickness from 6m to 13m. During this project, Xin Ao made the record of dispatching concrete delivery vehicles over 1000 times, pouring 40, 000m3 concrete one-time, and providing concrete 24 hours a day. The U.S. Embassy in Beijing Project As a challenging construction, it needs to stabilize the color of zigzag light yellow facade without adding antifreeze. Through setting up the stand, rigorous manufacture and controlling the concrete temperature, Xin Ao successfully fulfilled the construction, highly appreciated. Through adopting steel column design, some columns were connected to walls, some to beams. For steel column uses “H”-groove steel, tied with larger density steel, causing this position could not be vibrated after pouring the concrete. For this limitation, Xin Ao adopted special measures: adding another 20kg cement to the original C45 mix proportion, using mixture of fine stones and 5-25mm aggregate, and moderately increasing the mixing amount of additive on the original 220mm slump, to ensure the cement to be half-self-compacting concrete condition to meet the performance of compacting concrete, without cracks after stripping.

High Speed Rail Project

Wuhan-Guangzhou High Speed Rail
Beijing-Tianjin High Speed Rail
Xian-Zhengzhou High Speed Rail
Hangzhou to Ningbo high Speed railway
Tianjin to Qinhuangdao high-speed railway
Beijing to Shijiazhuang high-speed railway

Beijing National Aquatics Center Project

One of the top ten architectural marvel in China;Designed by Arup International Engineering Group, PTW Architects, and China State Construction Engineering Corporation;Outer wall composed by Teflon (Polytetrafluoroethene) panels, making the whole architecture like a glasshouse;Ground broken on December 24, 2003;Cost 1 billion yuan (about $1.36 million);Herzog & de Meuron Basel Ltd. provided technical services.

Core ideology

Concrete is the most widely used man-made product in the world. It also has the largest carbon emissions footprint of any industry. When making concrete production eco-friendly, it significantly contribution to lessens environmental impact – more so than any other industry.?The Company created the first and only low carbon emission footprint for China – which was recognized by the Ministry and was the first out of only 10 companies recognized. China ACM was also issued the NDRC certificate for comprehensive efficient use of raw materials.

The Company is trying to make:

-High-quality and customized “green” ready-mix concrete that uses 30% recyclable materials

-Streamlined, efficient production and processes using minimal energy with low emissions

-Sealed delivery methods that minimize dust and air pollution

-Advanced proprietary chemical engineering required to produce its 100-year patented RMC with recycledmaterials versus the 50-year standard

- Flexible production sites located outside of city centers to lessen the urban and transportation environmental ?impact

China ACM has dedicated its strong will to developing a low carbon economy and construction waste recycling and utilizing industry, thus proposing a blueprint as the world’s first demonstration plant producing environment-friendly concrete. At the same time, to create innovative systematic solutions, we aim to develop a new operation mode for construction waste recycling and utilizing industry, the leading strategy of “combining construction waste recycling with concrete industry” and the corresponding plant. We set the objectives as “Completely exhausting construction waste materials in a factory, Producing a variety of recycled products in an industrial chain ranging from waste disposal to end product manufacturing, Realizing sustainable social & economic development in an ecological & environment-friendly way, Enabling construction waste recycling & utilization industry to operate effectively by market means.

Corporate culture

Dedicated itself to a green economy, our company are making efforts to improve the building’s durability and environmental resources. In light of “Being Virtuous”, we combine factors, such as responsibility for society, environmental improvement, customer benefits and staff’s values, into one chain during development, to ensure due consideration for each party’s interests, actively requite the society and realize mutual progress and profits. Moreover, “Virtue” as the corporate culture means caring about the earth, investors, cooperators, competitors, staff , subordinates, colleagues, families and vulnerable groups.

Talent Philosophy

Talent Philosophy Maximally Achieve Staff’s Self-Worth Xin Ao’s development provides staff with dual-benefits both material and spiritual. Through fair and equitable salary system with performance assessment, our staff will gain more if they pay more. We pay much attention to staff training and have the following ways: off-the-job, semi-off-the-job and self training to maximum staff’s capacity and successfully create collective atmosphere for study, work and life. In addition, we help them set up career planning consistent with the corporate development. With Xin Ao’s growth, more and more promotion opportunities will be offered to the staff as a stage to develop and a platform to realize self-worth.

Board of Director

CEO
Yang (Sean) Liu Chief Executive Officer Chairman of the Board of Directors
Mr. Liu has been serving as the Chairman and Chief Executive Officer of the Huitao Technology Co., Ltd. since March 28, 2019. He had served as the President of MagniFinTech (“Magni”) from May 2017 to March 28, 2019 and served as CEO of Wave Sync Corporation from July 2017 to August 2018. Prior to joining Magni, Mr. Liu served as the Murex Regional Manager at UBS from November 2015 to May 2017. From June 2008 to November 2015, Mr. Liu served as a Senior Consultant at Murex North America.
CFO
Lili Jiang Chief Financial Officer and Director
Ms.Jiang had served as the Manager of the Overseas Medical Business Department of Aolan Health Management Co., Ltd (“Aolan”) from May 2016 to March 28, 2019. Prior to joining Aolan, Ms. Jiang was the Business Executive Assistant at the Australian Embassy in China from July 2011 to April 2016. She is a Certified Public Accountant in Australia. Ms. Jiang has a Bachelor’s degree in Accounting and Finance from Sydney Technical University in Australia, and a Master’s degree in Economics in Finance from University of New South Wales in Sydney, Australia.
Director
Wei Pei, Operations Director, Independent Director
Mr. Pei has served as the Administrative Director of Wanda Picture Television & Media Co. since January 2017, responsible for the HR department and administrative office. He also assists the management work of some filming development projects of the Company. Before that, he worked at the Wanda Hotel Construction Co. since March 2010 in charge of the HR, project management and organizational work. Mr. Pei serves as Chairman of the Company’s Nominating and Governance Committee and as a member of our Audit Committee and Compensation Committee.

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