12.22 Cement Morning Post: Application for Listing of Shangfeng Cement Shareholding Company Accepted; Reminder on Resale of Jidong Convertible Bonds

2025-12-22 07:01:09

What is happening in the cement industry?

1. Shangfeng Cement : Announcement

on the Acceptance of the Application for Initial Public Offering and Listing on the Growth Enterprise Market of a Joint Stock Company by the Shenzhen Stock Exchange Shangfeng Cement (Stock Code: 000672) Announcement The company indirectly invests in Yuexin Semiconductor through the private equity fund invested by Ningbo Shangrong, a wholly-owned subsidiary. On December 19, 2025, the initial public offering of Yuexin Semiconductor and its application for listing on the GEM were accepted by Shenzhen Stock Exchange. Yuexin is an integrated circuit manufacturer providing 12-inch wafer foundry services, and has been granted 681 patents as of June 30, 2025. As of the announcement date, Shangfeng Cement indirectly holds about 1.4957% of Yuexin Semiconductor, and there are uncertainties about whether the listing can be approved and the implementation time.

2. BBMG Jidong: The Third Reminder Announcement

on the Sale Back of Jidong Convertible Bonds This is the third reminder announcement on the sale back of "Jidong Convertible Bonds" by BBMG Jidong. As of December 16, 2025, the closing price of the company's stock for 30 consecutive trading days was lower than 70% of the current conversion price of 13.01 yuan per share, and the "Jidong convertible bond" triggered a conditional resale clause. The resale price is 100.258 yuan/piece (including interest and tax), the declaration period is from December 22 to 26, 2025, the issuer's funds are received on December 31, the resale funds are transferred on January 5, 2026, and the investors are received on January 6. During the sale back period, "Jidong Convertible Bonds" will cease to be converted into shares, and this sale back is not mandatory.

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Correlation

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What is happening in the cement industry?

2026-04-23 07:02:02

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2026-04-16 10:23:20

On April 16, the National Bureau of Statistics released industrial data above the scale in March 2026.

2026-04-16 10:21:51

Component market price reduction is difficult to promote orders, reverse price increase and decline.

2026-04-15 17:33:20

What is happening in the cement industry?

2026-04-13 07:02:03

The scope of component price reduction continues to expand, and demand at home and abroad weakens.

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What is happening in the cement industry?

2026-03-29 07:02:03

The mining status of Fuyuan Hongfa Cement Co., Ltd. is inconsistent with the design of safety facilities, which violates the first paragraph of Article 34 of the Safety Production Law of the People's Republic of China. According to the third item of the first paragraph of Article 98, the enterprise is ordered to suspend production and business, and a fine of RMB 102000 is imposed. Yang Shanjie, the principal person in charge of the enterprise, was fined RMB 21000.