Conch Cement won the mining right of a limestone mine in Chongzuo, Guangxi, with a 72990 of 0.03 million yuan.

2024-02-01 13:16:43

Fusui Xinning Conch Cement Co., Ltd. won the mining right of Limestone Mine in Mumin North Mining Area, Changping Township, Fusui County, Chongzuo, Guangxi.

On January 25, Fusui X inning Conch Cement Co., Ltd. won the mining right of Limestone Mine in Mumin North Mining Area, Changping Township, Fusui County, Chongzuo, Guangxi, with an initial listing price of 0.03 million yuan 72990 and a transaction price of 0.03 million yuan 72990. The mining area of the

project is 2.1666 square kilometers, and the 29805 of limestone resources is 8200 tons, which is planned to be sold for 30 years, with an annual output of 9.8 million tons.

It is understood that Fusui Xinning Conch Cement Co., Ltd. is a wholly-owned subsidiary of Anhui Conch Cement Co., Ltd.

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Correlation

During the reporting period, the cement industry ecology gradually improved, the company's cement sales price increased slightly, but decreased by 9.57% year-on-year. Benefiting from the impact of the decline in coal purchase price, the average cost of cement sales decreased year-on-year, but the decline in cost was less than decline in price, and the comprehensive gross profit rate decreased slightly year-on-year; Thanks to the impact of the capital market recovery, the company's financial investment income has increased substantially, which has increased the company's performance.