Henan: 84 cement clinker production lines in total

2024-04-09 09:11:51

On April 8, the Department of Industry and Information Technology of Henan Province issued a public announcement on the list of cement clinker production lines in Henan Province in 2023.

On April 8, the Department of Industry and Information Technology of Henan Province issued a public announcement on the list of cement clinker production lines in Henan Province in 2023. The

announcement shows that as of December 31, 2023, there are 84 cement clinker production lines in Henan Province, of which 10 production lines are planned to be rebuilt into 5 production lines.


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Correlation

On November 21, the Western Construction (002302) issued a prospectus for issuing stocks to specific targets in 2021. The company plans to introduce Conch Cement as a strategic investor through this issue, and Conch Cement will subscribe for 183 million shares, accounting for 12.48% of the total equity after the issue, becoming the second largest shareholder. The purpose of this issue is to optimize the capital structure, supplement liquidity and repay bank loans, which is expected to bring the company an annual increase of 8.85 billion yuan in operating income and a total profit of 708 million yuan, up 38.71% and 78.23% respectively from 2023.