Huainan Shunyue Cement 4500t/d Clinker Line Relocation Plan Cancelled

2025-03-17 11:42:27

Recently, Huainan Bureau of Industry and Information Technology issued the Announcement of Huainan Bureau of Industry and Information Technology on the Application of Huainan Shunyue Cement Co., Ltd. for Cancellation of the Relocation Plan of the Cement Clinker Production Line with a Daily Output of 4500 Tons.

Recently, Huainan Bureau of Industry and Information Technology issued the Announcement of Huainan Bureau of Industry and Information Technology on the Application of Huainan Shunyue Cement Co., Ltd. for Cancellation of the Relocation Plan of the Cement Clinker Production Line with a Daily Output of 4500 Tons. On March 28,

2023, the Department of Industry and Information Technology of Anhui Province announced the relocation plan of Huainan Shunyue Cement Co., Ltd. for its cement clinker production line with a daily output of 4500 tons. Later, due to changes in relevant policies, the relocation plan was not organized and implemented. According to the Implementation Measures for Capacity Replacement of Cement Glass Industry (2024 edition), Huainan Shunyue Cement Co., Ltd. applied to cancel the relocation plan of the cement clinker production line with a daily output of 4500 tons. The relevant information is now publicized and social supervision is welcome.

Publicity time: March 14, 2025-March 18

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Correlation

Recently, Huainan Bureau of Industry and Information Technology issued the Announcement of Huainan Bureau of Industry and Information Technology on the Application of Huainan Shunyue Cement Co., Ltd. for Cancellation of the Relocation Plan of the Cement Clinker Production Line with a Daily Output of 4500 Tons.

2025-03-17 11:42:27

In accordance with the relevant provisions of the Detailed Rules for the Implementation of the Pre-reorganisation of the Intermediate People's Court of Changchun City, Jilin Province (for Trial Implementation), during the period of pre-reorganisation, the Company and some of its subsidiaries subject to pre-reorganisation shall not pay off their debts except for the necessary expenses for the continued operation of the enterprise and the maintenance of its operating value. As at the date of this announcement, the principal and interest of overdue debts of the Company and its subsidiaries amounted to RMB6.959 billion, representing 1,124.30% of the latest audited net assets attributable to the parent company of the Company.