A trading platform shows that many cement assets of China's building materials are being sold. Including 38.32% equity of Shandong Yantai Zhonghong Cement Co., Ltd., 49% equity of Taiyuan Shitou Cement Co., Ltd., 1000t/d clinker production line in Pengzhou, Chengdu, Sichuan, and other assets.
It is understood that Yantai Zhonghong Cement can produce 900,000 tons of high-quality general-purpose Portland cement annually; Shitou Cement Company has a 4500t/d cement clinker new dry process production line, with an annual clinker output of 1.55 million tons, an annual cement output of 2 million tons, and a waste heat power generation of 60 million KWh/a.. After
stepping out of the high profit period, facing the continuous decline in profitability in recent years, the cement production capacity with weak competitiveness began to gradually withdraw from the market. In the past two years, many cement enterprises have chosen to divest "abandoned" assets, and at the same time, enterprises investing in cement industry have disclosed the news of selling assets one after another. Under the background of declining demand and intensified competition, the shuffling of cement industry has intensified. The 55% equity
of
Xizang Kaitou Haitong Cement Co., Ltd. held by Xizang Development Investment Group Co., Ltd. was officially listed for sale, with a transfer base price of 435 million yuan. It is understood that the company has a 2000 t/d clinker production capacity plant.
Mizhi Changsheng Cement sells 29%
of Mizhi Jidong Cement. Mizhi Changsheng Cement Co., Ltd. is about to sell 29% of Mizhi Jidong Cement Co., Ltd. at a base price of 105 million yuan.
Multi-party transfer of shares
of Minhe Qilianshan Cement Company, China Xinda Asset Management Co., Ltd., China Great Wall Asset Management Co., Ltd., The three parties of China Huarong Asset Management Co., Ltd. transferred 46.1086% of the shares of Minhe Qilianshan Cement Co., Ltd. with a transfer base price of 90.877 million yuan.
...
It is understood that in the downturn of the market, many cement enterprises have started the "selling and selling" mode, including many leading enterprises, and many enterprises are overwhelmed and bankrupt. According to incomplete statistics from China Cement Network, more than 40 cement plants have declared bankruptcy or entered bankruptcy proceedings in the first half of this year.
Cement Big Data Research Institute said that at present, the development of the water industry has entered a new stage, the future demand of the cement industry will enter a downward channel, and profits will maintain a reasonable level, the era of high profits or difficult to return. At present, the excess rate of cement production capacity has reached 40%, and the number of enterprises has far exceeded the carrying capacity of the market. Cement enterprises with low efficiency and lack of competitiveness will withdraw from the market, and the number of cement enterprises will continue to decrease.