The transfer price is 257 million yuan! Guangdong Conch Hongfeng Cement Obtained the Mining Right of Limestone Mine for Cement

2024-03-27 09:40:05

The mining right of Qishigang quarry of Guangdong Hongfeng Cement Co., Ltd. has been successfully transferred to Guangdong Conch Hongfeng Cement Co., Ltd. at a 25720 of 183.694 million yuan.

On March 26, the Natural Resources Bureau of Xinfeng County issued a public announcement on the transfer of mining rights in Qishigang Quarry of Guangdong Hongfeng Cement Co., Ltd. Guangdong Conch Hongfeng Cement Co., Ltd. is a 183694 with 25720. The mining right of the mine was obtained at a transfer price of 10000 yuan. Resource reserves of

the mine: According to the Detailed Survey Report on Limestone for Cement in Qishigang Mining Area, Xinfeng County, Guangdong Province, the resources of limestone for cement (indicated + inferred) are as follows: 254079: 0.60 thousand tons; indicated resources: 104156: 0.80 thousand tons; inferred resources: 149922: 0.80 thousand tons. Xinfeng Yuebao Cement Co., Ltd. won the mining right of Qishigang Quarry of Xinfeng Yuebao Cement Co., Ltd. through listing, and obtained the mining license issued by the former Shaoguan Land and Resources Bureau for the first time on May 25, 2012 (only 40 million tons of recoverable resources were transferred this time), with a production scale of 2 million tons per year. Term of validity: from May 25, 2012 to May 25, 2032; the first change in 2015 (change of mine name and mining right holder: change of mine name to Qishigang Quarry of Guangdong Hongfeng Cement Co., Ltd.; change of mining right holder to Guangdong Hongfeng Cement Co., Ltd.); The second change will be made in 2019 (change of production scale: the production scale will be expanded from 2 million tons/year to 4 million tons/year, and another 28 million tons of resources will be transferred on the basis of the original 40 million tons of resources). After the

transfer, the name of the mine was changed to Qishigang Quarry of Guangdong Conch Hongfeng Cement Co., Ltd. and the economic type was changed to other limited liability companies.

According to China Cement Network, Guangdong Conch Hongfeng Cement Co., Ltd. currently has two 5000 t/d cement clinker production lines.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.