December 9, Ningxia Building Materials issued a notice on the termination of the related transaction contract between its subsidiary Ningxia Tongxin Horse Racing New Materials Co., Ltd. and Suzhou Sinoma Construction Co., Ltd.
The announcement shows that, in view of the investment of Tongxin Horse Racing, a subsidiary of Ningxia Building Materials Company, in the construction of "Rural Revitalization of 4000 t/d Green Intelligent Second Generation New Dry Cement Production Line and Supporting 7 MW Pure Low Temperature Waste Heat Power Generation System Project", the project has been considered and approved by the 33rd meeting of the eighth board of directors of the company. Tongxin Horse Racing, a subsidiary of the company, will terminate the EPC general contract signed with Suzhou Sinoma for the Rural Revitalization 4000t/d Green Intelligent Second Generation New Dry Cement Production Line Project of Ningxia Tongxin Horse Racing New Materials Co., Ltd.
Up to the effective date of the termination agreement, Suzhou Sinoma has only provided part of the construction services for the field leveling project, and the rest of the contract contents have not been implemented. The total amount of fees that have been fulfilled but not paid under the original contract is 1.2127 million yuan, and Tongxin Horse Racing has paid 300000 yuan. The remaining 912,700 yuan shall be paid to Suzhou Sinoma before December 27, 2025. The contract price of this
project is 710 million yuan, using the second generation of intelligent new dry precalcining kiln production process, building a 4000t/d clinker new dry cement production line and supporting 7 MW pure low-temperature waste heat power generation system, with an annual output of 1.24 million tons of clinker. Among them, 380000 tons of commercial clinker are exported and 1 million tons of cement are produced annually.
浙公网安备33010802003254号