ChongHerr Investments (CDH)

Shares / Stock Code

CDH

Stock Exchange / Sharemarket

ax

ChongHerr Investments (CDH) principally operates in the quarrying of sandstone and exporting blocks to Asia and Europe. Products marketed include dimensional blocks and slabs, internal/external wall and floor tiles, building panels, colonial bricks and landscaping materials. CDH is a Queensland based company listed on the Australian Stock Exchange under the code of CDH. The Company owns 2 sandstone mining leases in Helidon, Australia, and is a major quarrier, manufacturer and exporter of Helidon Sandstone. The products, known as ASI Sandstone are known for its strength, durability, fine texture and a broad range of colours. (Link to Sandstone Business).

The company’s performance suffered after its public listing in 1993. However a restructure in 2000, comprising the new owner/managers, a renewed strategic focus on China, and changes to its business model – has seen Queensland’s most disappointing ASX listed resource company turned around to a position of increasing and sustained profitability.

The company operates a total of five sales and display offices in Guangdong Province of China including a sales and display facility which enables the clients to view blocks in raw forms in Yunfu City. ChongHerr Investments Ltd has a portfolio of finished developments within China, including museums, libraries, government buildings, residential and commercial estates, hotels and resorts. Australian Sandstone Industries Pty Ltd is the Company’s subsidiary.