Some major enterprises in the Pearl River Delta region plan to continue to push up cement prices by 20 yuan from the 6th.

2024-12-05

The "concrete core sample of the Three Gorges Project" declared by the Three Gorges on Yangtze River Technology and Economic Development Co., Ltd. was included in the witness list of the "Republic Seal"; the "Qixin Cement Plant: Inheriting the Historical Context and Protecting the Industrial Heritage" declared by the Tangshan Qixin Cement Industry Museum was included in the list of typical cases of industrial heritage protection and utilization.

2024-12-05

Looking forward to the future, the basic trend of economic recovery and long-term improvement has not changed. China's huge market scale will continue to guarantee a relatively considerable demand for cement. Cement enterprises should enhance their confidence and confidence, meet every challenge with a positive attitude, and jointly promote the sustainable and healthy development of the industry.

2024-12-05

According to a trading platform, on December 3, 100% of Cixi Southern Cement Co., Ltd. was listed for transfer, and the base price has not yet been disclosed. According to the data, Cixi Southern Cement Co., Ltd. was established on July 7, 2003 and is located in Shangjianshan Village, Henghe Town, Cixi City. Its business scope covers the manufacture of cement, precast cement components and commercial concrete; the processing of paper cement packaging bags; and the general freight. The registered capital of the company is 5 million yuan, which is 100% controlled by Zhejiang Southern Cement Co., Ltd. The company has a grinding production line with equipment specification of Φ3.2 × 13 m and annual capacity of 500,000 tons.

2024-12-05

In order to show the latest development achievements of the cement industry, set up a benchmark model, gather the wisdom of the whole industry, continuously stimulate innovation vitality and promote the high-quality development of the industry, China Cement Network will launch the "2024 Cement Industry Enterprise Influence Selection" campaign, and will hold the Top 100 Award Ceremony at the 14th China Cement Industry Summit. Among them, the award of "Quality Supplier of 2024 Key Projects" has been set up. Sign up for the election as soon as possible!

2024-12-05

China Resources Building Material Technology (01313. HK) announces that with effect from 4 December 2024: (1) Mr. Ji Youhong retired as the chairman of the board, an executive director, the chairman of the strategy and Investment Committee, the chairman of the Nomination Committee and an authorized representative; (2) Mr. Jing Shiqing shall temporarily chair the Board and act as the chairman of the Strategy and Investment Committee until the effective date of the appointment of the new chairman of the Board; (3) Ms. Gan Pik-lan shall temporarily act as the chairman of the Nomination Committee until the effective date of the appointment of the new chairman of the Board; and (4) Mr. Jing Shiqing shall be appointed as an Authorised Representative and a member of the Nomination Committee.

2024-12-05

China Tianrui Cement (01252. HK) announced that on 3 December 2024, the company engaged Hongliang Consulting and Valuation Limited ( "Hongliang") to carry out the relevant valuation work, including the impairment assessment of the associate and the determination of the expected credit loss of the amount due from the associate. Continue to suspend trading.

2024-12-05

What is happening in the cement industry?

2024-12-05

According to the agreement, the two sides will carry out in-depth cooperation in new energy, new materials, regional comprehensive development, trade services and other fields based on their respective advantages and strong alliance, so as to promote mutual benefit and win-win situation between the two sides and jointly inject new impetus into the construction of Hainan Free Trade Port.

2024-12-04

In the current severe and complex international environment, opportunities and challenges coexist in promoting the high-quality development of the "the Belt and Road", but on the whole, opportunities outweigh challenges. We should strengthen our strategic self-confidence, maintain our strategic determination, take the initiative and create a brighter future for the "the Belt and Road".

2024-12-04

Some major enterprises in Fujian intend to try again to push up the cement price by 10-20 yuan/ton from the 5th.

2024-12-04

China Building Materials Zambia Industrial Park won the "African Safety Excellence Award" for its outstanding safety, health and environmental performance, highlighting its leading position in green sustainable development.

2024-12-04

Recently, China Material International said that in order to promote the international distribution of cement business and achieve the strategic goal of "cement plus" industry development, China Material Cement intends to set up a new SPV company in the United Arab Emirates through its wholly-owned subsidiary, Hong Kong SPV Company, and introduce other investors. Acquisition of 100% equity of CJO in Tunisia and its affiliated GJO with SPV in the United Arab Emirates as the main body. The final acquisition price is based on the consideration of US $130 million, which is determined by adjusting the difference between the audited cash, debt and working capital on the actual delivery date and the corresponding level of the delivery account on the valuation base date, up to US $145 million.

2024-12-04

On the evening of December 3, Yatai Group announced that the board of directors of the company had recently received a written resignation report from Mr. Li Yu, the director of the company. Due to personal reasons, Mr. Li Yu, academician of the Chinese Academy of Engineering, applied to resign as a director of the thirteenth board of directors of the company, and no longer served as a member of the audit committee and nomination committee of the board of directors. After his resignation, Mr. Li Yu will no longer hold any position in the Company.

2024-12-04

On December 3, Beixin Paint, a wholly-owned subsidiary of Beixin Building Materials, intends to reorganize Zhejiang Bridge Paint Co., Ltd. through public delisting and agreement acquisition. Beixin Paint intends to delist and acquire 10.7390% equity of Zhejiang Bridge held by Hangzhou Industrial Investment Group Co., Ltd. at a base price of 43319204.7, and also intends to acquire part of the equity of Zhejiang Bridge held by other shareholders by agreement, which will total 51.4169% equity of Zhejiang Bridge after the transfer. The purpose of this transaction is to realize the market layout of industrial coatings in East China, and there are risks such as market and integration. After the completion of the transaction, the target company will be included.

2024-12-04

On December 3, Jinyuan announced that its controlling shareholder, Jinyuan Holding Group Co., Ltd., had pledged 15.21 million shares of the company, starting on December 2, 2024. As of the disclosure date of the announcement, the pledged shares held by Jinyuan Holdings and its concerted actors, Hangzhou Kaiyuan Asset Management Co., Ltd. and Mr. Zhao Hui, accounted for more than 50% but less than 80% of the company's shares. Jinyuan Holdings, Kaiyuan Assets and Mr. Zhao Hui do not have the risk of delay or liquidation of more than 5% of the pledged shares held by the company. This Share Pledge Financing

2024-12-04

On December 3, Sichuan Jinding announced that the company and Beichuan Yuchuang Sanyuan Development Group Co., Ltd. jointly established Beichuan Yuding New Material Technology Co., Ltd. The registered capital of Yuding New Material is RMB 58.43 million, of which RMB 29.8 million is subscribed by the Company, accounting for 51% of the shares, and RMB 28.63 million is subscribed by Sanyuan Group, accounting for 49% of the shares.

2024-12-04

China Building Materials (03323) announced that Chen Xuean, Vice President and Chief Financial Officer, had ceased to hold office since December 3, 2024 due to retirement. Chen Xuean has confirmed that he has no disagreement with the board of directors and the company, and that there are no other matters that need to be brought to the attention of shareholders. The company will complete the selection of the chief financial officer as soon as possible in accordance with relevant regulations to fill the vacancy.

2024-12-04

According to a property rights trading platform, Xinxiang Ligu Cement Co., Ltd. holds a clinker special cement production capacity of 1000 t/d, with a starting price of 24.075 million yuan. Xinxiang Ligu Cement Co., Ltd. holds 1 million tons of cement grinding capacity index, with a starting price of 5.775 million yuan.

2024-12-04

The limestone mine for cement is set up to meet the production supporting needs of Hunan Conch Cement Co., Ltd. The scope of the proposed mining right is delineated by 15 turning point, with an area of 0.8468 km2 and a mining depth of + 353m ~ + 225m.

2024-12-04