Successfully sold the mining right of a limestone mine for building stones in Zaozhuang, Shandong for 90 million yuan

On February 3, the mining right of limestone mine for building stones in Fenghuangzhuang Mining Area, Shanting District, Zaozhuang City, Shandong Province was successfully sold for 1.91 years, with an initial listing price of 90 million yuan, and Shandong Minghang Building Materials Supply Co., Ltd. won it with 90 million yuan. The mining area of the

project is 0.4229 square kilometers, with a resource reserve of 23.123 million tons.

According to the Digital Building Materials DataBM. Com, Shandong Minghang Building Materials Supply Co., Ltd. was established in December 2022 and is a wholly-owned subsidiary of Zaozhuang Tuoyu Building Materials Co., Ltd. Zaozhuang Tuoyu Building Materials Co., Ltd. is wholly owned by Zaozhuang Infrastructure Investment and Development Group Co., Ltd. Zaozhuang Infrastructure Investment Development Group Co., Ltd. is a first-class enterprise in Zaozhuang City, with a registered capital of 12 billion yuan. It is mainly engaged in the operation of state-owned assets within the scope authorized by the government, foreign investment with its own funds, investment management of major government projects, basic investment and operation management, financial advisory and investment advisory services.