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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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

Zhang Wen pointed out that at present, the problem of overcapacity in the cement industry is prominent, the market is caught in vicious competition, the price war in Fujian region is frequent, the profit margin of the industry is greatly reduced, and many enterprises can only rely on cash flow to maintain their operation.