Tapai Group Intends to Sell Assets of Subsidiaries

2023-09-28 13:10:25

On September 28, Tapai Group issued an announcement on the disposal of assets of Hengta Rotary Kiln Cement Co., Ltd. in Meixian District, Meizhou City.

On September 28, Tapai Group issued an announcement on the disposal of assets of Hengta Rotary Kiln Cement Co., Ltd. in Meixian District, Meizhou City. It is understood that Meizhou Meixian Hengta Rotary Kiln Cement Co., Ltd. is 100% controlled by Guangdong Tapai Group Co., Ltd.

The announcement reads as follows:

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Correlation

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Tapai Group said in the semi-annual report of 2024 that in the first half of this year, in order to effectively cope with the extremely severe market situation and the increasingly fierce competitive environment, the company continued to promote the work of reducing costs and increasing efficiency, continue to streamline the organization and optimize personnel, continuously improve labor productivity, continue to clear inefficient production capacity and shut down low-quality enterprises Jinta Cement, continue to slim down and strengthen the body, reduce the burden and go into battle lightly.

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On September 28, Tapai Group issued an announcement on the disposal of assets of Hengta Rotary Kiln Cement Co., Ltd. in Meixian District, Meizhou City.

2023-09-28 13:10:25

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