With an investment of 1 billion yuan, Huaxin Cement completed the registration of industrial and commercial changes in Huangshi State-owned Company.

On January 7, Huaxin Cement announced that on May 30, 2022, the fourteenth meeting of the tenth board of directors of the company considered and adopted the Bill on Related Transactions of Investing in Huangshi State-owned Assets Management Co., Ltd. It also disclosed the Announcement on Related Transactions of Investment in Huangshi State-owned Assets Management Co., Ltd. in the designated domestic information disclosure newspapers and the website of the Shanghai Stock Exchange (Lin 2022-050). The company invested in Huangshi State-owned Assets Management Co., Ltd. (Huangshi State-owned Company) with its own capital of RMB 1 billion. After the investment, the company holds 5.2173% of the equity of Huangshi State-owned Company.

The company has recently completed the industrial and commercial change registration of this investment in Tieshan District Market Supervision and Administration Bureau of Huangshi Economic and Technological Development Zone. There is no difference between the company's investment in Huangshi State-owned Company and the content of the previous announcement, and the investment has been fully fulfilled.