Tangshan Feilong Cement Company 15% Equity Auction

Relevant information shows that the Tangshan Intermediate People's Court of Hebei Province auctioned Wang Shaozhong's 15% stake in Tangshan Feilong Cement Co., Ltd. with a starting price of about 15.75 million yuan.

Data show that Tangshan Feilong Cement has a 4000t/d cement clinker line.

Tangshan Feilong Cement Co., Ltd. is located in the east of Kanggezhuang Village, Quanhetou Town, Fengrun District, Tangshan City, Hebei Province (in the equipment manufacturing park). The appraisal report shows that the total assets listed on the books of the company on June 30, 2023 are 602,457,230.06 yuan, including: monetary funds, notes receivable, accounts receivable, prepayments, other receivables, inventories, other current assets, fixed assets, construction in progress and intangible assets; The total book value of liabilities is 497,180,753.59 yuan, including short-term loans, accounts payable, advances from customers, employee compensation payable, taxes payable, other payables and deferred income tax liabilities.