Huaxin Cement: Progress of Acquisition of Holcim Nigeria Assets Project

2025-06-19 10:08:37

Huaxin Cement replied that the acquisition of Holcim's Nigerian assets by our company has been approved by the shareholders'meeting of the company, and must be approved by the National Development and Reform Commission and the Ministry of Commerce, complete the foreign exchange registration with the State Administration of Foreign Exchange of China, and obtain the approval of the Federal Competition and Consumer Protection Commission of Nigeria. After the completion of the project, our company will fulfill the disclosure obligations in a timely manner in accordance with the requirements of the information disclosure rules.

On June 18

, Huaxin Cement answered questions of concern to investors on the investor relations platform.

Some media said that the Nigerian Senate issued an emergency directive requiring the Public Procurement Bureau to immediately suspend the sale of Lafarge Cement Co., Ltd. to Chinese enterprises? Can company introduce the current progress of the acquisition?

Huaxin Cement replied that the acquisition of Holcim's Nigerian assets by our company has been approved by the shareholders'meeting of the company, and must be approved by the National Development and Reform Commission and the Ministry of Commerce, complete the foreign exchange registration with the State Administration of Foreign Exchange of China, and obtain the approval of the Federal Competition and Consumer Protection Commission of Nigeria. After the completion of the project, our company will fulfill the disclosure obligations in a timely manner in accordance with the requirements of the information disclosure rules.

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Correlation

Huaxin Cement replied that the acquisition of Holcim's Nigerian assets by our company has been approved by the shareholders'meeting of the company, and must be approved by the National Development and Reform Commission and the Ministry of Commerce, complete the foreign exchange registration with the State Administration of Foreign Exchange of China, and obtain the approval of the Federal Competition and Consumer Protection Commission of Nigeria. After the completion of the project, our company will fulfill the disclosure obligations in a timely manner in accordance with the requirements of the information disclosure rules.

2025-06-19 10:08:37

In 2025, the overall weak pattern of the industry will continue. Under the environment of coexistence of opportunities and challenges, overseas market development will continue to be an important direction for cement enterprises in the new year.

2025-02-25 09:52:43

Huaxin Cement (Huangshi) Co., Ltd. reported on the construction of the project, Fuchi Town reported on the progress of the project and existing problems, and relevant units exchanged speeches in their respective fields.

2025-02-20 10:04:07

Under such a severe market background, cement enterprises have taken positive actions to expand overseas markets, integrate internal resources and develop new businesses, which have become important means for cement enterprises to cope with the market downturn. In addition, strengthening the links with upstream and downstream enterprises and constantly looking for new opportunities for cooperation are also what cement enterprises are doing at present.

2023-06-29 10:19:18

As the first integrated cooperation project in the construction of the branch line project, from the start to the completion of the project, Huaxin Jianchuan Company has supplied about 600000 tons of cement, 500000 tons of aggregate, 2 million environmental protection bricks and 6000 cubic meters of concrete, which has made positive contributions to opening up rural tourism and revitalizing rural economy.

2023-05-09 16:21:22