Anhui Chizhou Conch Cement Laoshan Sandstone Mine Safety Production License Cancellation

2025-04-03 16:29:49

On April 2, the Emergency Management Department of Anhui Province issued a circular on the cancellation of safety production licenses for 27 non-coal mining enterprises such as Laoshan Sandstone Mine of Anhui Chizhou Conch Cement Co., Ltd.

On April 2, the Emergency Management Department of Anhui Province issued a circular on the cancellation of safety production licenses for 27 non-coal mining enterprises such as Laoshan Sandstone Mine of Anhui Chizhou Conch Cement Co., Ltd.

According to the Administrative Licensing Law of the People's Republic of China, the Regulations on Safety Production Licenses (Decree No.397 of the State Council), and the Measures for the Implementation of Safety Production Licenses for Non-Coal Mining Enterprises (Decree No.20 of the former General Administration of Safety Supervision). According to the application of Chizhou Emergency Management Bureau and the cancellation procedure of safety production license, 27 non-coal mining enterprises, such as Laoshan Sandstone Mine of Anhui Chizhou Conch Cement Co., Ltd. It decided to cancel the safety production licenses of 27 non-coal mining enterprises such as Laoshan Sandstone Mine of Anhui Chizhou Conch Cement Co., Ltd.

According to the Interim Provisions on the Procedures for Cancellation of Safety Production Administrative License of Anhui Emergency Management Department (Anhui Emergency [2018] No.14), enterprises whose safety production license has been cancelled should stop production activities and submit the safety production license to the Provincial Emergency Management Department. Emergency management departments at all levels should strictly supervise and strictly investigate and punish illegal production and operation without a license.

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On April 2, the Emergency Management Department of Anhui Province issued a circular on the cancellation of safety production licenses for 27 non-coal mining enterprises such as Laoshan Sandstone Mine of Anhui Chizhou Conch Cement Co., Ltd.

2025-04-03 16:29:49

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.