Several subsidiaries of Conch Cement received "rectification orders"

2025-04-08 10:25:08

On April 7, Xuancheng Emergency Response Bureau issued the Information Form of Law Enforcement Situation and Law Enforcement Decision of Xuancheng Emergency Response Bureau (March 2025). Nine units received administrative law enforcement notices, including several Conch Cement subsidiaries: Anhui Xuancheng Conch Cement Co., Ltd. received the rectification review opinions and ordered the rectification date to be April 8; The Mine Branch of Ningguo Cement Plant of Anhui Conch Cement Co., Ltd. received the rectification review opinion and was ordered to rectify on April 8; Ningguo Cement Plant of Anhui Conch Cement Co., Ltd. was ordered to rectify within a time limit and was ordered to rectify on April 8; Anhui Xuancheng Conch Cement Co., Ltd. was ordered to rectify within a time limit

On April 7, the Xuancheng Emergency Response Bureau issued the Information Form on Law Enforcement and Law Enforcement Decisions of the Xuancheng Emergency Response Bureau (March 2025), and nine units received administrative law enforcement notices. Several Conch Cement subsidiaries: Anhui Xuancheng Conch Cement Co., Ltd. received the rectification review opinion and ordered to rectify on April 8; Ningguo Cement Plant Mine Branch of Anhui Conch Cement Co., Ltd. received the rectification review opinion and ordered to rectify on April 8; Ningguo Cement Plant of Anhui Conch Cement Co., Ltd. was ordered to rectify within a time limit on April 8; Anhui Xuancheng Conch Cement Co., Ltd. was ordered to rectify within a time limit on April 14.

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Correlation

CEMPI

126.45

-0.08 -0.06%

CONCPI

100.43

-0.09 -0.09%

CLKPI

127.54

0.00 0.00%

SPPI

49.43

-0.04 -0.08%

MORPI

77.98

0.00 0.00%

Turn losses into profits! Asia Cement expects a profit attributable to shareholders of about 3.08 million yuan in the first quarter.

The Board considers that the above expected increase in profit is mainly due to the increase in the selling price of the Group's cement products and the decrease in the cost of sales during this period as compared to the corresponding period in 2024.