Tianshan Stock Co., Ltd.: It is planned to control 10 million tons of overseas production capacity by the end of the 14th Five-Year Plan

2025-04-03 16:07:58

Facing the new development trend of domestic cement industry, the company has accelerated the pace of structural adjustment, transformation and upgrading, actively responded to the call of "going out" and accelerated the pace of international development. The company plans to achieve the target of controlling production capacity of 10 million tons by the end of the 14th Five-Year Plan through joint restructuring and light assets. In 2024, the company signed a merger and acquisition project in Tunisia and is speeding up the delivery. Please refer to the subsequent announcement time.

Recently, Tianshan Materials Co., Ltd. issued a record of investor relations activities, announcing the main contents of the interactive link of the performance presentation meeting.

Question: Please introduce the overseas development of the company? Project situation in Tunisia?

Tianshan Cement Co., Ltd.: In the face of the new development trend of the domestic cement industry, the company has accelerated the pace of structural adjustment, transformation and upgrading, actively responded to the call of "going out" and accelerated the pace of international development. The Company plans to achieve the target of controlling production capacity of 10 million tons by the end of the 14th Five-Year Plan through joint restructuring and light assets. In 2024, the company signed a merger and acquisition project in Tunisia and is speeding up the delivery. Please refer to the subsequent announcement time.

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Tianshan Stock Co., Ltd.: It is planned to control 10 million tons of overseas production capacity by the end of the 14th Five-Year Plan

2025-04-03 16:07:58

CEMPI

95.77

+0.86 +0.91%

CONCPI

86.56

-0.04 -0.05%

CLKPI

98.07

+0.15 +0.15%

SPPI

41.04

+0.11 +0.27%

MORPI

71.83

0.00 0.00%

Yatai Group's subsidiaries added 359 million yuan in overdue debts.

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.