Recently, according to a property rights trading platform, the whole set of cement production line and supporting buildings and structures of Kangding Paomashan Cement Co., Ltd. will be auctioned as a whole, including supporting machinery and equipment, houses and other buildings and structures, cement production line related facilities and equipment, with a starting price of 256,271,369 yuan.
It is understood that Kangding Paomashan Cement Co., Ltd. is located in Kangding City, Ganzi Tibetan Autonomous Prefecture, Sichuan Province, with a 2500t/d clinker production line. Yaobai Special Cement Group Co., Ltd. holds 55% of the shares and is the major shareholder of the company. The production line was completed and put into operation in May 2020, and has been shut down due to lack of self-owned mines and raw materials. Previously, Kangding Paomashan Cement Co., Ltd. had publicly recruited intentional investors.