On November 20, Guangdong Meiyan Jixiang Hydropower Co., Ltd. Meizhou Meiyan Rotary Kiln Cement Co., Ltd. (Hereinafter referred to as "Meiyan Rotary Kiln"), the holding subsidiary of the company, transferred the 600000 tons/year cement clinker production capacity index of its new dry clinker cement production line with a daily output of 2000 tons. In order to complete the above transfer, it is necessary to shut down and dismantle the main equipment such as kilns.
In order to effectively revitalize the relevant assets after demolition, the company intends to dispose of part of the assets of Meiyan Rotary Kiln (the assets to be disposed of involve designated buildings and machinery and equipment) through public bidding, with a bidding base price of 12.8619 million yuan . At present, the counterparty can not be determined.

The underlying assets are the buildings, machinery and equipment involved in the proposed disposal of scrapped assets by Meiyan Rotary Kiln.
1. The original book value of the buildings (structures) involved in the scrapped fixed assets is 30,644,824.46 yuan, and the net book value is 19,097,921.27 yuan, mainly including 23 items such as raw material powder and waste gas treatment, raw material homogenization warehouse and kiln, firing kiln tail, etc.
The building (structure) is located in the cement plant of Meiyan Rotary Kiln. It was built from 2004 to 2019. The building structure mainly includes steel-concrete structure, frame structure, etc; The common land use right covers an area of 126,000.00 square meters, with a total of one parcel of land. The Real Property Right Certificate (Yue (2017) Meixian District, Meizhou City Real Property Right No.0025079) has been issued, which shows that the owner is Meiyan Rotary Kiln Cement Co., Ltd. of Meizhou City. The common situation is that it is owned separately, the nature of the right is transfer, and the purpose is industrial land. The term of use is up to August 9, 2054. The above buildings (structures) are not mortgaged, and now the production of Meiyan Rotary Kiln Cement has been suspended, and the buildings are idle.
2. The original book value of scrapped equipment assets is 129,645,401.63 yuan, and the net value is 9,978,225.67 yuan, mainly including 222 items of machinery and equipment required for daily production and operation, such as rotary kilns, raw material mills and vertical raw material mills, which were purchased from 2003 to 2019. It is stored in the office area and factory area of Meiyan Rotary Kiln Cement and has been out of use.
3. There is no property right dispute, no pledge, lease and other restrictions on transfer of the underlying assets, and no litigation, arbitration or judicial measures such as seizure and freezing.
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