Weekly Report of Cement Net: Many Places in Northeast China Push Up Cement Price by 50 yuan/ton (5.6-5.11)

2024-05-11 16:51:41

China Cement Network Market Data Center News, around May 1, leading enterprises in many places in Northeast China notified an increase in cement prices of about 50 yuan/ton. After the shutdown of the kiln, clinker stocks declined. At present, the implementation of the price increase is better.

China Cement Network Market Data Center News, around May 1, leading enterprises in Northeast China notified an increase in cement prices by about 50 yuan/ton. After the shutdown of the kiln, clinker stocks declined. At present, the implementation of the price increase is better.

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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.