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

111.27

0 0%

CONCPI

96.38

-0.83 -0.85%

CLKPI

108.50

0.00 0.00%

SPPI

45.15

-0.73 -1.59%

MORPI

77.20

-0.54 -0.69%

Cement Net Exclusive: Don't Just Stare at No Illegal Kiln Opening!

The Measures for the Implementation of Capacity Replacement in the Cement and Glass Industry (2024 edition) shall promote the unification of the registered capacity and the actual capacity. For the compliance production lines whose actual capacity is greater than registered capacity, it is proposed that the difference in capacity can be made up in accordance with these Measures and the relevant procedures such as filing, environmental assessment and energy assessment can be improved. But the reality is that the actual production of enterprises is still exceeding the record capacity.