Serious lack of liquidity! A Cement Plant Recruits Restructuring Investment

According to a property rights trading platform, Hegang Donghua Cement Co., Ltd. recruited restructuring investors by bidding, with a starting price of 5.3 million yuan. The

bidding object is the qualification of reorganization investor of Hegang Donghua Cement Co., Ltd. If it is determined as the reorganization investor, it will enjoy the assets corresponding to 100% equity of Donghua Cement Co., Ltd. in accordance with the reorganization plan, including monetary capital, accounts receivable, fixed assets, inventories and construction in progress. The total appraisal price is 16.4937 million yuan.

According to reports, the cement plant of Hegang Donghua Cement Co., Ltd. covers an area of about 53000 square meters and a building area of 12000 square meters. The plant has a crushing workshop, a raw material workshop, a clinker processing workshop (abandoned), a cement production workshop (two automatic cement loaders, a 3.2 × 13m high fine cement mill production line), a cement storage warehouse, a power transformation and distribution room, a raw material warehouse, etc., with a designed annual production capacity of 400,000 tons.

Donghua Cement Company has entered the liquidation procedure due to debt and serious lack of liquidity, but Donghua Cement Company has relatively mature cement production and processing technology, the company's business license is valid until January 11, 2025, the emission permit is valid until November 14, 2025, and the registered trademark is still valid. The plant and production equipment are basically complete, with basic processing capacity.