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.

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Correlation

This article is selected from Song Zhiping's book "Reform Heart Road", which describes his motivation and effect of restructuring cement in those years, and has been published by China Cement Network. Recently, there has been a call for restructuring and mergers and acquisitions in the cement industry. Reviewing this old article may have the effect of reviewing the old and learning the new, encouraging the industry to promote a new round of restructuring, and solving the persistent problems of the industry.