Listing 203 million yuan! Conch Cement sells equity and creditor's rights of subsidiaries

Recently, Anhui Conch Cement Co., Ltd. transferred 80% equity and 195.03 million yuan of creditor's rights of Kunming Conch Cement Co., Ltd. with a listing price of 203 million yuan. The creditor's rights

of RMB195.03 million refer to the creditor's rights of RMB182.9 million and RMB12.13 million of Anhui Conch Cement Co., Ltd. and Wenshan Conch Cement Co., Ltd. (Wholly-owned subsidiaries of Anhui Conch Cement Co., Ltd.) to the target enterprises respectively.

The Company is located in Shilin Yi Autonomous County, Kunming City, Yunnan Province, and its legal representative is Cheng Congxin, with a registered capital of USD 30,506,700.

Up to now, the Target Company has transferred the production capacity index of 2,500t/d clinker , of which the production capacity index of 1,000t/d has been transferred to Wenshan Conch Cement Co., Ltd. and the production capacity index of 1,500t/d has been transferred to Yingjiang Yunhan Cement Co., Ltd.

Anhui Conch Cement holds 80% and Dehong Development Co., Ltd. holds 20%.

According to the introduction, the operating income of the enterprise in 2024 was RMB 36.8782 million, the net profit was RMB -44.658 million, the total assets were RMB 207.2623 million, and the total liabilities were RMB 197.935 million.