Transfer of building materials companies under Jidong and Huarun

2024-08-07 10:13:22

Recently, Huarun Building Materials Technology Co., Ltd. listed and transferred 100% equity of Heyuan Huarun Huida Concrete Co., Ltd. with a transfer base price of 9 million yuan.

Relevant information shows that the transfer of 51% equity of Shandong Jidong Shengwei Building Materials Co., Ltd. by listing Jidong Cement is pre-disclosed.

Shandong Jidong Shengwei Building Materials Co., Ltd. was established in 2013, located in Shouguang City, Shandong Province. Tangshan Jidong Cement Co., Ltd. holds 51% and Shandong Linqu Shengwei Special Cement Co., Ltd. holds 49%.

As of June 30, 2024, the total assets of the company were 27.1437 million yuan, and the total liabilities were 23.6645 million yuan.

In addition, Huarun Building Materials Technology Co., Ltd. has recently listed and transferred 100% equity of Heyuan Huarun Huida Concrete Co., Ltd. with a transfer base price of 9 million yuan.

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Cement industry's "anti-involution" has come to a time when it has to be reversed.

Since the second half of 2024, based on the spirit of the meeting of the Political Bureau of the Central Committee of the Communist Party of China on July 30, the cement industry has strengthened industry self-discipline and prevented "involution" vicious competition, and the operation situation of the industry is obviously better than that in the first half of the year. The cement industry has increased from a loss of 1.6 billion yuan in the first half of the year to a profit of 26 billion yuan in the whole year, which is far from the normal profit level of the industry, but it shows the importance of "anti-involution".