. During the period of 12.16-12.20, the demand of the concrete market tends to be weak due to weather factors. 12.12-12.18 The national concrete price index fell slightly on a month-on-month basis, with a large year-on-year decline, and prices in some areas were flat. The six major regional markets are different, the Northeast market is gradually closed, many places are affected by low temperature and other factors, low demand, stable prices or flat. The average price of C30 concrete in 29 provincial capitals except Wuhan is stable. Next week, many places will continue to cool down, the construction conditions are poor, the demand for project completion is low, the shipment volume is declining, the price fluctuation of raw materials is narrowing at the end of the year, the concrete market will continue to weaken, and the transaction focus is weak and stable.
2. Jidong Cement: Tangshan Jidong Cement Co., Ltd. Fourth Reminder Announcement
on the Sale Back of Jidong Convertible Bonds Jidong Cement issued the fourth reminder announcement on the sale back of Jidong Convertible Bonds. The resale price is 100.185 yuan/piece (including interest and tax), and the resale declaration period is December 20-26, 2024. As of December 16, 2024, the closing price of the company's stock for 30 consecutive trading days was lower than 70% of the current conversion price, triggering the resale clause. Sale back is not mandatory, and the actual income of different types of investors is different. During the period of sale back, convertible bonds continue to be traded but suspended, and the date of receipt of relevant funds has also been made clear. It is also mentioned that the failure of declaration or failure to declare is regarded as a waiver of the right to sell back.
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