Cement Net Weekly: Cement prices in some parts of East China have declined, but prices in many places have been stabilized (5.6-5.11)

2024-05-11 16:48:37

According to the data center of China Cement Market, prices in some parts of East China have declined this week, but many places have stabilized prices.

According to the data center of China Cement Market, prices in some parts of East China have declined this week, but many places have stabilized prices.

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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.