Executive Summary
Prosperity Minerals Holdings Limited is focused on two key areas: the manufacture and sale of cement and the trading of iron ore. Cement - The Group owns Yingde Dragon Mountain, a company that operates a large, modern suspension pre-heater dry process cement manufacturing plant, and has a 25% interest in Prosperity Conch Cement which is a joint venture that is currently constructing another large cement manufacturing plant. These companies are located on adjacent sites in the Guandong Province of the PRC. Iron Ore Trading - The Group has an Iron ore trading business trading from Macao that links iron ore suppliers around the world with end-users, principally steel manufacturers, in the PRC. This has been in operation since 1992.
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