Conch Cement: Anhui Conch Environmental Group, a subsidiary, provided a guarantee of RMB17 million for Fuping Conch Environmental.

2024-03-06 09:20:36

Conch Cement announced that Anhui Conch Environmental Protection Group Co., Ltd., a subsidiary of the company, provided guarantee for Fuping Conch Environmental Protection Technology Co., Ltd. with a guarantee amount of RMB 17 million.

On March 4, Conch Cement announced that Anhui Conch Environmental Protection Group Co., Ltd., a subsidiary of the company, provided guarantee for Fuping Conch Environmental Protection Technology Co., Ltd. with a guarantee amount of RMB 17 million.

Fuping Conch Environmental Protection signed a credit agreement with Xi'an Branch of China Merchants Bank Co., Ltd. with a credit line of RMB 17 million and a credit period of one year. Conch Environmental Protection Group signed a guarantee letter to China Merchants Bank Xi'an Branch to provide full joint and several liability guarantee for the above loans. As at the date of this announcement, except for this guarantee, Conch Cement and its subsidiaries have not provided any other guarantee to Fuping Conch Environmental.

All can be viewed after purchase

Correlation

Conch Cement: Anhui Conch Environmental Group, a subsidiary, provided a guarantee of RMB17 million for Fuping Conch Environmental.

2024-03-06 09:20:36

CEMPI

102.52

+0.29 +0.28%

CONCPI

86.76

+0.11 +0.13%

CLKPI

105.87

+0.60 +0.57%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

Weekly Report of Cement Net: Many Places in Southwest China Start Price Recovery, Weak Demand Restricts Price Increase (10.19-10.23)

According to China Cement Net Market Data Center, this week, cement in southwest China as a whole is in a game pattern of pushing up under the cost support. Sichuan and Chongqing are mixed, and Yunnan and Guizhou are concentrated on starting to push up the price. However, the terminal demand in the whole region is weak, the implementation of enterprise price increase is divided, and the actual effect of transaction landing remains to be observed.