The Latest Progress in the Reorganization of Building Materials Assets in Ningxia

2023-03-21 09:30:41

On March 20, Ningxia Building Materials issued the "Progress Announcement on the Disclosure of Major Asset Restructuring Plans".

On March 20, Ningxia Building Materials issued a "Progress Announcement on the Disclosure of Major Asset Restructuring Plans", which shows that Ningxia Building Materials Group Co., Ltd. intends to absorb and merge China Construction Information and raise matching funds by issuing shares to all shareholders of China Building Materials Information Technology Co., Ltd. At the same time, Xinjiang Tianshan Cement Co., Ltd. intends to acquire the controlling rights of cement and other related business subsidiaries of Ningxia Building Materials and the trademarks and other assets involved in cement and other related business by means of cash capital increase.

The announcement is as follows:

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Correlation

On March 20, Ningxia Building Materials issued the "Progress Announcement on the Disclosure of Major Asset Restructuring Plans".

2023-03-21 09:30:41

Grinding technology and equipment of wet slag discharge vertical mill; key technology of Bayer process red mud quality control to produce matrix composite materials; key technology and equipment of comprehensive utilization of fly ash quality improvement and carbon reduction; technology of solid waste resource utilization coupled with carbon dioxide capture and storage utilization (CCUS); remanufacturing technology of wear-resistant parts of mechanical equipment; remanufacturing technology of permanent magnetization of old motors; The green remanufacturing technology of high-precision and long-life gearboxes has been listed in the Catalogue of Advanced and Applicable Technology and Equipment for Comprehensive Utilization of National Industrial Resources (2025 edition).