Cement net video: Last year, 21 production lines of 14 cement enterprises in Chongqing cement industry did not complete peak staggering.

2024-08-15 16:10:15

As of December 31, 2023, there are 47 cement clinker production lines in Chongqing, of which 21 production lines of 14 enterprises have not completed the task of peak staggering production.

Recently, the Chongqing Economic and Credit Commission issued the Announcement on the Update of the List of Cement Clinker Production Lines in Chongqing, which shows that as of December 31, 2023, there are 47 cement clinker production lines in the city, of which 14 enterprises and 21 production lines have not completed the task of peak staggering. Another eight production lines have been announced to be relocated.

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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.