New Tianshan, Conch and Huaxin have made big moves again!

2023-06-29 10:19:18

Under such a severe market background, cement enterprises have taken positive actions to expand overseas markets, integrate internal resources and develop new businesses, which have become important means for cement enterprises to cope with the market downturn. In addition, strengthening the links with upstream and downstream enterprises and constantly looking for new opportunities for cooperation are also what cement enterprises are doing at present.

Recently, the domestic cement market continues to be depressed.

It is affected by many factors, such as weak demand, high inventory and intensified market competition.

According to incomplete statistics, cement enterprises have been moving continuously in the past month. Including New Tianshan Cement, Conch Group and ", these measures will help enterprises reduce risks and enhance competitiveness. And inject new vitality into the sustainable development of the cement industry.

Huaxin Cement intends to acquire South African cement manufacturer

Huaxin Cement for US $230 million on June 28, announcing that Huaxin (Hong Kong) International Holdings Limited, a wholly-owned subsidiary, has signed a share sale agreement with INTERCEMENT TRADING INVERSIONES. The proposed acquisition of a 100% stake in Natal Portland Cement Company (Pty) Ltd. is based on an enterprise value of $265 million. The total consideration is about 2.

Natal Portland Cement Company (Pty) Ltd., of which the South African business sector owns three cement plants, Simuma, Durban and Newcastle. It is the largest cement producer in KwaZulu-Natal Province of South Africa. Its main products include cement, concrete and aggregate. Its cement production capacity is about 1.8 million tons per year.

It is understood that this is the 10th and 11th countries of Huaxin Cement's overseas layout, so far, the number of overseas factories of Huaxin Cement has reached 19.

Tianshan shares intend to acquire 51% of the controlling

shares of Ningxia horse racing by increasing capital, Tianshan shares announced in the evening of June 27. The company intends to increase its capital by 2.718 billion yuan in cash to acquire Ningxia Building Materials Group Co., Ltd., which integrates the controlling rights and trademarks of cement and other related business subsidiaries. Https://price.ccement.com/brandnewslist-1-1000082.

that if the acquisition is successfully implemented, it will effectively solve the problem of horizontal competition between the company and Ningxia Building Materials in the cement sector, and the company's production capacity will be further increased. Optimizing the regional layout in the west is conducive to further promoting the high-quality development of the company.

Wuhu Municipal Government, Conch Group and Haitong Securities signed a strategic cooperation agreement

. On June 27, the People's Government of Wuhu City, Anhui Province, Conch Group and Haitong Securities signed a strategic cooperation agreement and Anhui Conch Haitong Industrial Internet Parent Fund Partnership Agreement.

that the parent fund is one of the" 6 + 1 "fund systems led and promoted by the State-owned Assets Supervision and Administration Commission of Anhui Province and initiated by relevant provincial enterprises. It will focus on relevant sub-funds and projects in the field of industrial Internet, promote the innovation and development of industrial Internet, promote the deep integration of digital economy and real economy, and enable the digital transformation of various industries.

China West Cement signed a framework cooperation agreement

with China Railway 20th Bureau On June 27, witnessed by Lei Weibing, Chairman and Secretary of the Party Committee of China Railway 20th Bureau, and Zhang Jimin, Chairman of the Board of Directors of China West Cement Co., Ltd., China Railway 20th Bureau signed a framework cooperation agreement with China West Cement.

Recently, the signing ceremony of strategic cooperation between Sichuan Meishan City Communications Construction Company and Esheng Cement Group was held in the conference room of Esheng Cement Group.

Shanshui Group signed a strategic cooperation agreement

with China Railway Material. Shanshui Group and China Railway Material Co., Ltd. (Hereinafter referred to as China Railway Material) held a signing ceremony for strategic cooperation.

Tianshan Cement signed the Strategic Cooperation Agreement

with China Tiewu on June 3." China Railway Material announced that recently, China Railway Material and Xinjiang Tianshan Cement Co., Ltd. signed the Strategic Cooperation Agreement. The two sides intend to carry out cooperation in product supply and services, cooperation in key projects, and cooperation in building logistics operation platforms, so as to achieve complementary advantages, in-depth cooperation and mutual benefit through policy exchange, joint planning, industrial cooperation and joint development.

Jinyu Group and Hebei High Speed Group signed a strategic cooperation agreement

on June 2. Jinyu Group and Hebei High Speed Group held a signing ceremony of the strategic cooperation agreement in Beijing Global Trade Center.

2023, China Cement Net will hold a " meeting in Chongqing, followed by a visit to Oriental Hope < a href="https://price.ccement.com/pricenewslist-1-500000-0.

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Correlation

Under such a severe market background, cement enterprises have taken positive actions to expand overseas markets, integrate internal resources and develop new businesses, which have become important means for cement enterprises to cope with the market downturn. In addition, strengthening the links with upstream and downstream enterprises and constantly looking for new opportunities for cooperation are also what cement enterprises are doing at present.

2023-06-29 10:19:18

Wang Zhenxing was elected as the chairman of the eleventh board of directors of the company and served as the legal representative, with the same term of office as the current board of directors.