Recently, Huangshi Huaxin Guanggu East New Building Materials Co., Ltd. won the limestone mining right of Taipingshan Mining Area in Huangshi City, Hubei Province for 143 million yuan. Huangshi Huaxin Guanggu East New Building Materials Co., Ltd. is 51% and 49% owned by Huangshi Tieshan Investment Development Company and Huaxin Aggregate Co., Ltd. According to
the data, Huangshi Huaxin Guanggu East New Building Materials Co., Ltd. was established on September 25, 2023, registered at No.1 Jian'an Road, Huangshi Tieshan District, Kaitie District, Huangshi City, Hubei Province (declaration commitment), and its legal representative is Mei Xiangfu. Its business scope includes general items: construction stone processing, cement products manufacturing, research and development of construction waste recycling technology, manufacturing of new building materials (excluding dangerous chemicals), and sales of building materials. (In addition to the licensed business, it can independently operate projects that are not prohibited or restricted by laws and regulations) Licensed projects: mining of mineral resources in non-coal mines. Resource reserves of the
mine: the proven resources of limestone for cement within the mining area of the mining right to be transferred are 58.565 million tons, including 8.940 million tons of proven resources, 29.059 million tons of probable resources and 20.566 million tons of inferred resources; It is found that the inferred resources of limestone ore for building stones are 2.031 million cubic meters/5.464 million tons, all of which are reserved resources.
In recent years, Huaxin Cement has actively laid out its aggregate business. As the first large-scale cement enterprise in China to enter the aggregate industry, Huaxin has built and operated 36 aggregate factories with an annual aggregate production capacity of nearly 300 million tons.
