The production line has been stopped and the production capacity has been sold! Equity Transfer of a Conch Cement Company

2025-06-09 09:39:14

In addition, Kunming Conch Cement has a 2500 t/d clinker line, which has been shut down on January 9, 2024. 1000t/d production capacity is sold to Wenshan Conch and 1500t/d production capacity is sold to Yunhan Cement of Yingjiang County.

According to a property rights trading platform, Kunming Conch Cement Co., Ltd. recently issued a pre-announcement on the transfer of 80% equity and 195.03 million yuan of creditor's rights. The company is 80% owned by Conch Cement and 20% owned by Dehong Development.

According to reports, the company's operating income in 2024 was 36.8782 million yuan, and its net profit was-44.658 million yuan. The total assets are RMB 207,262,300 yuan and the total liabilities are RMB 197,935,000 yuan.

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Correlation

The production line has been stopped and the production capacity has been sold! Equity Transfer of a Conch Cement Company

2025-06-09 09:39:14

CEMPI

96.94

-0.06 -0.06%

CONCPI

89.83

0.00 0.00%

CLKPI

102.76

-0.26 -0.25%

SPPI

44.98

0.00 0.00%

MORPI

73.32

0.00 0.00%

Zhejiang Cement Association issued the implementation plan to take the lead in starting compliance production in the form of industry self-discipline

Following the enlarged meeting of the president of Zhejiang Cement Association on December 9, 2025 and the signing and issuance of the Proposal for Production of Zhejiang Cement Industry on Record Capacity by Cement Clinker Production Enterprises, on March 6, 2026, with the support of the Pro vincial Economic and Credit Department, Zhejiang Cement Association issued the Implementation Plan for Compliance Production of Zhejiang Cement Industry Clinker Production Line (Trial Implementation). It marks that the cement industry in Zhejiang Province has officially started compliance production in the form of self-discipline.