Starting at 437500! Xuanhua BBMG 35% Equity Auction

2024-07-30 10:55:09

Recently, the bankruptcy reorganization of Hebei Shenghua Chemical Co., Ltd. was announced according to the property disposal announcement, and its 35% stake in Xuanhua Jinyu Cement Co., Ltd. was auctioned for the fourth time.

Recently, the bankruptcy reorganization of Hebei Shenghua Chemical Co., Ltd. was announced according to the property disposal announcement, and its 35% stake in Xuanhua Jinyu Cement Co., Ltd. was auctioned for the fourth time. According to

the information, Xuanhua Jinyu was established on May 20, 2011 with a registered capital of 5 million yuan, and Hebei Shenghua contributed 1.75 million yuan, which has been paid in.

This asset auction is to start with 25% of the paid-in capital contribution of Hebei Shenghua to Xuanhua Jinyu, and 437500 yuan.

All can be viewed after purchase
Correlation

According to the tracking situation of China Cement Network, the situation of cement industry in 2024 will be more severe, and the utilization rate of production capacity will further decline. Especially in Henan and Tianjin, the utilization rate of clinker production capacity has been less than 50% in 2023, and this situation will probably continue in 2024.