Price reduction of nearly 13 million! Third Auction of Partial Shares of a Cement Enterprise in Sichuan

2023-10-09 11:07:17

This is the third auction of the project, and the third starting price is 12.7391 million yuan lower than first starting price.

Recently, Chengdu Ronglian Cement Co., Ltd. re-auctioned its 12% stake in Kangding Paomashan Cement Co., Ltd. with a starting price of 22.6474 million yuan.

This is the third auction of the project, and the third starting price is 12.7391 million yuan lower than first starting price.

It is understood that Kangding Paomashan Cement Co., Ltd. is located in Kangding City, Ganzi Xizangan Autonomous Prefecture, Sichuan Province, with a 2500t/d clinker production line. Yaobai Special Cement Group Co., Ltd. holds 55% of the shares and is the major shareholder of the company.

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Correlation

Price reduction of nearly 13 million! Third Auction of Partial Shares of a Cement Enterprise in Sichuan

This is the third auction of the project, and the third starting price is 12.7391 million yuan lower than first starting price.

2023-10-09 11:07:17

CEMPI

98.69

+0.05 +0.05%

CONCPI

89.83

0.00 0.00%

CLKPI

101.43

-0.74 -0.72%

SPPI

44.89

0.00 0.00%

MORPI

73.32

0.00 0.00%

2026 Target 260 million tons! Interpretation of Conch Cement Annual Report

Focus of work in 2026: 1. Business objective: The sales volume of cement clinker products is 260 million tons, and the cost per ton and the expense per ton remain stable. 2. Deepen the development of the main business: stabilize the stock and expand the increment, optimize the product structure; strictly control the fuel cost, improve the refined operation; promote the peak-shifting production and the "anti-involution" of the industry, stabilize the price and profit.