1. Shangfeng Cement joined hands with the Central Enterprise Fund to invest in the new material territory of Xinhua Semiconductor and continue to expand the capacity
of Shangfeng Cement Subsidiary Company and other institutions such as China Building Materials to establish Guocai No.3 Limited Partnership. Total investment 14. Xinhua is the only enterprise in China that has achieved large-scale and full-size production of electronic-grade polysilicon. After the capital contribution, Shangfeng will become its largest shareholder. Shangfeng implements the "two-wheel drive" strategy, with strong competitiveness in building materials business and good returns in investment business. Hefei Jinghe has gained net income from reducing its holdings, many invested projects are in the process of listing, semiconductor investment has formed a relatively complete ecosystem, and the territory of new materials continues to expand.
3. 4. 6. Xinjiang 7. 8. < a href = "The https://www.ccement.com/news/content/50089316007295001. has been reviewed, and the cancellation complies with the provisions of the Implementation Measures for Capacity Replacement in the Cement and Glass Industry (2024 edition)." The capacity replacement plan is now revoked and announced. Social supervision is welcome. The supervisory telephone is announced. The announcement of the original capacity replacement plan is also attached. The announcement date is October 10, 2025.