On December 14, the 100% equity of China Resources Cement (Fuzhou) Co., Ltd. was successfully sold, with a transfer base price of 173.36 million yuan and a transaction price of 195.36 million yuan.
It is understood that the business scope of the enterprise is the wholesale of building materials, engaged in loading and unloading, warehousing operations in Mawei Port Area, without clinker production line and grinding capacity.
China Resources Cement (Fuzhou) is located in Songmen Section, Min'an Village, Tingjiang Town, Mawei District, Fuzhou City, Fujian Province, with one 20,000-ton general berth and one 5,000-ton unloading berth. In November 2012, the wharf construction was started; in November 2014, the main works of the wharf project were completed; in March 2016, the wharf passed the appraisal of Fujian Provincial Traffic Quality Supervision Bureau; In January 2019, the wharf was leased to Fujian Junhang Trading Co., Ltd. for a period from January 1, 2019 to December 31, 2034 (16 years in total).