Shangfeng Cement issued the first tranche of super short-term financing bonds in 2024

2024-04-01 09:40:37

The first issue of super short-term financing bonds of Shangfeng Cement in 2024 was successfully issued!

The first issue of super short-term financing bonds of Shangfeng

Cement in 2024 was successfully issued!

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Correlation

The registered capital of Shangfeng ZETH Cement Co., Ltd. established by the company in cooperation with ZETH International is 200 million yuan, of which Shangfeng Building Materials contributes 58%. The project plans to invest about 120 million US dollars to build a cement clinker production line with a daily output of 2800 tons and a cement grinding production line with an annual output of 1.2 million tons. However, since its launch in 2015, the construction progress has lagged behind due to various factors and has not yet been put into operation.

2025-05-13 09:21:15

The first issue of super short-term financing bonds of Shangfeng Cement in 2024 was successfully issued!

2024-04-01 09:40:37

Since June 11, local enterprises have notified the increase of cement price by 30 yuan/ton, but due to the continuous rainy weather, the downstream construction demand has slowed down significantly, the market transaction is fatigue, and the quotation of most enterprises has fallen back to the pre-rise level.