On 23 April 2015, accompanied by technical VP Mr. Marchenkow, CFO Ms. Tskhay and technical consultant from Germany, Eurocement Group CEO Mr. Skorokhod paid a working visit to CNBM in Beijing. Commissioned by the Chairman of CNBM Mr. Zhiping Song, CNBM chief Accountant Mr. Jiwei Wu warmly received Mr. Skorokhod and his party. Both sides exchanged deep views on common concern.

Mr. Skorokhod expressed his satisfaction on both Marzolfand Ulyanovsk projects, the two implemented cement projects of CTIEC, and hoped to further expand the cooperation with CNBM. Mr. Jiwei Wu said, under the national strong support and proposed strategic vision outlined on “One Belt and One Road”, the complementary cooperation between China and Russia would be more extensively. CNBM always regards Russia as its important strategic partners, and is willing to broaden the cooperation with Eurocement Group in various ways.

On 22 April 2015, Mr. Marchenkov carried on a detailed meeting with CTIEC on Omarzoss and Ulyanovsk cement projects.

Triumph Group VGM and CFO Mr. Liwei Tang, CTIEC VP Mr. Jianhua Feng and Mr. Mingliang Ma, Director of cement department Mr. Yongming Ren attended the meeting.