Starting at 105 million! Mizhi Changsheng holds 29% stake in Mizhi Jidong Cement.

2024-02-23 15:14:07

Mizhi Changsheng Cement Co., Ltd. sold its 29% equity in Mizhi Jidong Cement Co., Ltd. with a starting price of 105,150,300 yuan.

Recently, a judicial auction platform showed that Mizhi Changsheng Cement Co., Ltd. sold its 29% stake in Mizhi Jidong Cement Co., Ltd. with a starting price of 105,150,300 yuan. Tangshan Jidong Cement Co., Ltd. has the right of first refusal.

The appraisal report shows that the current total assets and liabilities of Mizhi Jidong Cement include: current assets of 114,578,267.98 yuan, non-current assets of 388,583,017.46 yuan, and total assets of 503,161,285.44 yuan; The current liabilities are 209,321,602.92 yuan, the non-current liabilities are 0.00 yuan, and the total liabilities are 209,321,602.92 yuan.

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Correlation

Starting at 105 million! Mizhi Changsheng holds 29% stake in Mizhi Jidong Cement.

Mizhi Changsheng Cement Co., Ltd. sold its 29% equity in Mizhi Jidong Cement Co., Ltd. with a starting price of 105,150,300 yuan.

2024-02-23 15:14:07

CEMPI

94.56

0 0%

CONCPI

88.61

-0.01 -0.01%

CLKPI

98.12

0.00 0.00%

SPPI

44.43

-0.02 -0.04%

MORPI

73.32

0.00 0.00%

Suggestions on promoting the integration and development of China's cement industry through mergers and acquisitions

At present, China's cement industry is falling into the most severe industry dilemma since this century, and merger and reorganization is an important measure to solve the situation of "downward demand, excess capacity, involution loss". Based on the current situation of China's cement industry and the experience of overseas mature market integration, this paper prospects the trend, path and mode of China's cement market integration in the future, and analyzes the potential risks that may arise, and puts forward reasonable suggestions from the three levels of government, association and enterprise. It is expected that during the "15th Five-Year Plan" period, China's cement industry will take substantial steps in mergers and acquisitions, make new major breakthroughs, effectively enhance industry concentration, and compete in the market.