Shanghai United Property Exchange, 100% of the shares of China Resources Cement (Yangjiang) Co., Ltd. were transferred at a base price of 345 million yuan.
According to China Cement Network, China Resources Cement (Yangjiang) was established on December 4, 2009, with a registered capital of HK $120 million, and its business scope includes: storage and sales of clinker and cement. Cement preparation (excluding production) and sales (commodities involving special regulations shall be handled in accordance with relevant national regulations); provide wharf for ships, provide cargo handling and storage for clients, and carry out simple processing of cargo packaging, provide shoreline and daily necessities for ships, and engage in leasing and maintenance of port facilities, equipment and port machinery. Currently, it is 100% owned by China Resources Cement Holdings (Hong Kong).
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