Hubei Wudang Cement Starts Pre-Restructuring and Publicly Recruits Restructuring Investors

2026-10-19 14:31:37

On October 9, 2026, the Intermediate People's Court of Shiyan City, Hubei Province decided to initiate the pre-reorganization procedure for Hubei Wudang Cement Co., Ltd. (Hereinafter referred to as "Wudang Cement" or "Debtor"), and appointed Wudang Zhengyuan (Hubei) Liquidation Service Co., Ltd. as the temporary administrator of Wudang Cement (hereinafter referred to as "Administrator").

On October 16, the temporary administrator of Hubei Wudang Cement Co., Ltd. issued the Announcement on Recruitment of Restructuring Investors of Hubei Wudang Cement Co., Ltd. On October 9

, 2026, the Intermediate People's Court of Shiyan City, Hubei Province, decided to initiate the pre-reorganization procedure for Hubei Wudang Cement Co., Ltd. Wudang Zhengyuan (Hubei) Liquidation Service Co., Ltd. was appointed as the temporary administrator of Wudang Cement (hereinafter referred to as the "administrator")

in order to safeguard the legitimate rights and interests of all stakeholders, realize the effective integration of resources and save the distressed enterprises, in accordance with the Enterprise Bankruptcy Law of the People's Republic of China and relevant laws and regulations. The Manager now intends to publicly recruit various types of restructuring investors with corresponding strength and resources to participate in the investment of revitalized assets to fully identify and develop the operational value of the Company's assets, including but not limited to the consortium of the management and operators, investors of common interest bonds, industrial operators, etc. In order to ensure the openness, fairness and justice of the recruitment process, the relevant matters are hereby announced as follows:

The information shows that Wudang Cement was established in 2006 and put into operation in 2009. The Company is located in Chengguan Town, Yunxi County, Shiyan City, Hubei Province. Its legal representative is Huang Sijiu (position: general manager). The paid-in registered capital is 79 million yuan, of which Huang Sijiu holds 99% of the shares and Wei Zhichao holds 1% of the shares. Approved by the Provincial Development and Reform Commission (EFGGY [2006] No.900), the company has built a 2500t/d new dry process cement clinker production line, with an approved annual output of 775,000 tons of cement clinker and 1.06 million tons of cement. After putting into production, the measured production capacity is converted to 3667 tons/day (confirmed by the announcement of the production line list of the Provincial Department of Economy and Information Technology), and the actual annual output of cement clinker is about 900000 tons and cement is about 1.5 million tons. In addition, the company has the whole industrial chain of "mining-cement clinker-commercial concrete-logistics transportation", with a cumulative profit and tax of over 100 million yuan before the epidemic, which is an important pillar enterprise of Yunxi County's industrial economy.

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Correlation

On October 9, 2026, the Intermediate People's Court of Shiyan City, Hubei Province decided to initiate the pre-reorganization procedure for Hubei Wudang Cement Co., Ltd. (Hereinafter referred to as "Wudang Cement" or "Debtor"), and appointed Wudang Zhengyuan (Hubei) Liquidation Service Co., Ltd. as the temporary administrator of Wudang Cement (hereinafter referred to as "Administrator").

2026-10-19 14:31:37

In order to further study and implement Xi Jinping's thought of ecological civilization, resolutely implement the deployment requirements of the State Council's Action Plan for Continuous Improvement of Air Quality, conscientiously implement the work arrangements of the Party Committee and the government of the autonomous region, and continuously consolidate the achievements of the year of tackling key problems in the protection and control of the ecological environment, on October 15, 2026, the State Council of the People's Republic of China decided to implement the plan. The People's Government of the Autonomous Region held a kick-off meeting on air pollution prevention and control in the winter and spring of 2026-2027. Vice Chairman Liu Jun presided over and delivered a speech. Members of the leading group of the construction of ecological civilization of the Party Committee of the Autonomous Region are responsible for comrades, members of the team of the Department of Ecological Environment and relevant departments and institutions.