According to a trading platform, the houses, structures, machinery and equipment of Wuhai Huayuan Cement Co., Ltd. will be auctioned soon, with a starting price of 74.549 million yuan.
According to a previous report by China Cement Network, on July 4, 2023, Inner Mongolia Baotou Steel Xichuang Group Co., Ltd. applied to the court for bankruptcy liquidation of Wuhai Huayuan Cement Co., Ltd. on the grounds that the respondent Wuhai Huayuan Cement Co., Ltd. had been suffering serious losses and was unable to repay its debts due.
It is understood that Wuhai Huayuan Cement was established on March 23, 2010. The registration authority is Wuhai Market Supervision and Administration Bureau. The operation period is from March 23, 2010 to March 22, 2060. Now the business registration status is open. The
registered capital of the company is 260 million yuan, and the shareholders are Inner Mongolia Property Rights Exchange Center, Inner Mongolia Baotou Steel Xichuang Group Co., Ltd. and Baotou Iron and Steel (Group) Co., Ltd.
Wuhai Huayuan Cement Company has a 4000t/d production line, which was put into operation in August 2010. In March this year, the list of cement clinker flat glass production lines issued by the Office of Industry and Information Technology of Inner Mongolia Autonomous Region showed that the production line had been shut down.
According to the auction list, the assets of the auction do not include the capacity of the clinker production line.
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