Tapai Group announced on December 13 that its subsidiary Huizhou Tapai Mining Co., Ltd. (Hereinafter referred to as Huita Mining) participated in the bidding for the mining right of Hengkeng Limestone Mining Area for Cement in Pingling Street, Longmen County. After public bidding, Huita Mining won the mining right with 93.3651 million yuan. At the same time, according to the requirements of the auction announcement, the bidder needs to pay a one-time ecological compensation of 92.7678 million yuan, and bear about 25.0771 million yuan of land rent, compensation for the demolition of young crops and attachments on the ground, and compensation f or the relocation of graves within the mining area.
